Bill > S796

This bill, titled "To provide landowners title protection," aims to establish the Landowner's Title Protection Act in Massachusetts. The key provisions of the bill are: 1. It creates a new chapter (Chapter 183D) in the state's General Laws, which defines important terms like "deed," "land," and "title transaction," and outlines the conditions under which a person is deemed to have a "good and clear record and marketable title" to their land. 2. The bill introduces a "sufficiency period" of 50 years, or 75 years if there have been no title transactions within the last 50 years, during which a person must have an unbroken chain of title to their land to be considered to have a good and clear title. 3. The bill specifies a list of interests and encumbrances that are exempt from being considered as breaking the chain of title, such as public utility easements, conservation restrictions, and adverse possession rights. 4. The bill also provides that any interests or claims that depend on title transactions prior to the "origin of title" (the most recent title transaction) are deemed null and void, with some exceptions. 5. The bill is intended to simplify and facilitate real estate transactions by allowing property owners to rely on their record chain of title, subject to the limitations outlined in the legislation.

Budget and Finance, Justice

https://malegislature.gov/Bills/190/S796