HUGE decision from the SJC today in Bank of America v Casey
Massachusetts Supreme Judicial Court answers questions
certified to it from US 1st Circuit of case originating in
bankruptcy court. For registry of deeds purposes, the main issue is that the SJC holds that
an acknowledgement clause that does not name the person or persons whose
acknowledgement is being taken is DEFECTIVE and SHOULD NOT be recorded.
However, the decision also holds that an attorney affidavit
properly drafted in accordance with MGL c.183, s.5B, may cure that defect on an
already recorded document with a defective acknowledgement.
No comments:
Post a Comment