{"data":{"id":"us-ma/mass.-gen.-laws-ch.-171-65","jurisdiction":"us-ma","citation":"Mass. Gen. Laws ch. 171, § 65","heading":"Definitions applicable to Secs. 65 to 65E","body":"Section 65. As used in sections 65 to 65E, inclusive, the following words shall, unless the context otherwise requires, have the following meanings:—\n''Commissioner'', the commissioner of banks.\n''Loan'', a loan or line of credit, whether secured by collateral or security of any nature or unsecured, for consumer or other purposes other than a real estate loan.\n''Real estate'', land or property, including improved land with a dwelling, owner occupied or unoccupied dwellings, unimproved land, farmland, a unit of a condominium, shares of stock issued by a co-operative housing corporation, leasehold interests under a lease which does not expire for at least 5 years beyond the maturity date of the loan, leasehold interests created in air rights over land, and any other interest in land.\n''Mortgage loan'', a loan, line of credit, or borrowing secured primarily by a lien on an interest in real estate, with the exception of a loan described in subsection (c) of section 65A.\n''Non-recourse reverse mortgage loan'', a reverse mortgage loan which limits the lender's recovery solely to the value of the property at the time the loan becomes due and payable.","path":["Part I","Title XXII","Chapter 171"],"source_url":"https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXXII/Chapter171/Section65","current_through":"amendments passed before May 31, 2026","vintage":"","retrieved_at":"2026-09-17T05:24:02Z","sha256":"957bcbc75ee025ba30c700fdd82c2ddce06c043ed9bbc1e5393142f7203d3bd4","source_id":"us-ma","stale":false,"prev":"us-ma/mass.-gen.-laws-ch.-171-64","next":"us-ma/mass.-gen.-laws-ch.-171-65a"},"notice":"GroundRules: Original legal text. Not legal advice."}