Posted by The Boston Globe at boston.com
Richard D. Vetstein discusses the long awaited ruling from the Massachusetts Supreme Judicial Court in case of Real Estate Bar Association (REBA) v. National Estate Information Services (NREIS) that came down yesterday.
The net effect of the Court’s ruling is to reaffirm Massachusetts attorneys’ long-standing involvement with all residential real estate transactions.
This case pits Massachusetts real estate closing attorneys vs. out of state non-attorney settlement service providers which are attempting to perform “witness or notary” closings here in Massachusetts. At stake is the billion dollar Massachusetts real estate closing industry. This entire article can be read here.
The ruling can be read here.