Chapter 112 of the General Laws is hereby amended by inserting after Section 87AAA, as appearing in the 2002 Official Edition, the following section:-
Section 87AAA ¼. A real estate agent, broker or salesman licensed under the provisions of this chapter shall disclose to prospective buyer in writing:-
That the property to be sold may be in its entirety, or in part, a wetland as such term is defined in Section 40 of Chapter 131 of the General Laws, or by regulation promulgated hereunder, or in any ordinance or by-law of the municipality or municipalities where the property is located.
The definition of the term “Wetlands” as defined in Section 40 of chapter 131 of the general laws, or by regulations promulgated hereunder, or in any ordinance or bylaw of the municipality where the property is located.
The definition of the terms "Wetlands" as defined in chapter 131.
Any home owner restrictions on the property to be sold associated with wetlands.
The need for the home owner to file a “Notice of Intent” prior to any work being performed within 100 feet of a wetland area.
The buyer shall sign a disclosure form as provided by the real estate agent, broker or salesman containing the aforementioned information. A notarized copy of said disclosure shall be provided to the real estate agent, broker or salesman.
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