Section 22. Notwithstanding the requirements of sections forty F to forty I, inclusive, of chapter seven, the department may acquire non-development covenants for terms of limited duration. The department shall adopt regulations to carry out the provisions of this section.

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Massachusetts General Laws ch. 20 sec. 22

  • Appraisal: A determination of property value.

Non-development covenants for terms of limited duration shall be exempt from any regulations that require an appraisal, an environmental site assessment and a survey. The department may require other expedited requirements appropriate for the duration of the non-development covenant.