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Session Laws

1985

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CHAPTER 297 AN ACT RELATIVE TO CERTIFICATES OF TITLE IN MORTGAGE TRANSACTIONS.

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:

Section 70 of chapter 93 of the General Laws is hereby amended by striking out the second paragraph, as appearing in the 1984 Official Edition, and inserting in place thereof the following paragraph:-

For the purposes of this section, said certification shall include a title examination which covers a period of at least fifty years with the earliest instrument being a warranty or quitclaim deed which on its face does not suggest a defect in said title; provided, however, that in the case of registered land, it shall be sufficient to start the said examination with the present owner's certificate of title issued by the land court, except that bankruptcy indices and federal and state liens shall be examined. The term record title, as used herein, shall mean the records of the registry of deeds or registry district in which the mortgaged premises lie and relevant records of registries of probate.

Approved September 19, 1985.