Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
SECTION 1. The commissioner of the division of capital planning and operations may, subject to the provisions of sections 40E to 40J , inclusive, of chapter 7 of the General Laws, except as otherwise provided in this act, convey approximately 1,528 square feet of land owned by the commonwealth and located on the southerly side of Lowell street at the junction of Vernon street in the town of Wakefield, to the owner of the property fronting said land, being known as 383 - 413 Lowell street. Said land shall be more precisely described by the commissioner based on the records in the Middlesex county registry of deeds or registry district of the land court, or on a survey, as said commissioner may determine.
SECTION 2. The consideration paid by the purchaser for the parcel set forth in section 1 shall be the full and fair market value of the property determined by the commissioner of the division of capital planning and operations based on an independent appraisal.
SECTION 3. The purchaser of the parcel set forth in section 1 shall assume all costs of appraisals, surveys, deed preparation and other expenses related to the conveyance of this property as the commissioner of the division of capital planning and operations may determine to be necessary, and shall be responsible for all costs and liabilities of its condition, ownership, and operation.