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November 21, 2024 Clouds | 45°F
The 193rd General Court of the Commonwealth of Massachusetts
  1. General Laws
  2. Part II REAL AND PERSONAL PROPERTY AND DOMESTIC RELATIONS
  3. Title I TITLE TO REAL PROPERTY
  4. Chapter 185 THE LAND COURT AND REGISTRATION OF TITLE TO LAND
  5. Section 99 Assurance fund; payment; amount

Section 99

Section 99: Assurance fund; payment; amount

Section 99. Upon original registration, there shall be paid to the recorder one tenth of one per cent of the assessed value of the land, on the basis of the last assessment for municipal taxation, or, in case of the registration of an easement or right, one tenth of one per cent of the value thereof as found by the court, as an assurance fund.