SECTION 2. Chapter 255 of the General Laws is hereby amended by inserting
after section 12H the following section:-
Section 12J. No cause of action
shall arise or be maintained against a seller, lessor, real estate broker or salesperson,
lender or mortgagee of real property by statute or at common law, for failure
to disclose to a buyer or tenant that the real property has been insulated with
urea formaldehyde foam insulation.
SECTION 3. Section 9 of chapter
728 of the acts of 1985 is hereby repealed.
SECTION 4. This act
shall apply only to transactions entered into after the effective date of this