Section 12. (a) A real property interest that is acquired with monies from the Community Preservation Fund shall be bound by a permanent restriction, recorded as a separate instrument, that meets the requirements of sections 31 to 33, inclusive, of chapter 184 limiting the use of the interest to the purpose for which it was acquired. The permanent restriction shall run with the land and shall be enforceable by the city or town or the commonwealth. The permanent restriction may also run to the benefit of a nonprofit organization, charitable corporation or foundation selected by the city or town with the right to enforce the restriction. The legislative body may appropriate monies from the Community Preservation Fund to pay a nonprofit organization created pursuant to chapter 180 to hold, monitor and enforce the deed restriction on the property.
(b) Real property interests acquired under this chapter shall be owned and managed by the city or town, but the legislative body may delegate management of such property to the conservation commission, the historical commission, the board of park commissioners or the housing authority, or, in the case of interests to acquire sites for future wellhead development by a water district, a water supply district or a fire district. The legislative body may also delegate management of such property to a nonprofit organization created under chapter 180 or chapter 203.
Structure Massachusetts General Laws
Part I - Administration of the Government
Title VII - Cities, Towns and Districts
Chapter 44b - Community Preservation
Section 3 - Acceptance of Secs. 3 to 7
Section 4 - Surcharge on Real Property; Collection
Section 5 - Community Preservation Committee; Members; Recommendations; Acquisition of Land
Section 6 - Annual Revenues; Open Space, Historic Resources and Community Housing
Section 7 - Community Preservation Fund
Section 8 - Surcharges; Fees of Registers of Deeds; Fees of Assistant Recorder
Section 9 - Massachusetts Community Preservation Trust Fund
Section 10 - Annual Distributions of Monies in Trust Fund
Section 11 - General Obligation Bonds or Notes
Section 12 - Real Property Interest; Permanent Restriction; Management
Section 15 - Tort Liability for Destruction of Real Property Purchased With Funds From Chapter
Section 16 - Amendments to Amount and Computation of Surcharge; Revocation of Secs. 3 to 7