Bill
Bill > H1574
MA H1574
MA H1574To clarify the rights of joint owners of real property and abolish certain inconsistent or archaic rules
summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
For legislation to clarify the rights of joint owners of real property and abolish certain inconsistent or archaic rules. The Judiciary.
AI Summary
This bill clarifies the rights of joint owners of real property and abolishes certain inconsistent or archaic rules. The key provisions are: 1) The instrument of conveyance or devise may specify the percentage interest to be held by each party, and a conveyance or devise to two or more persons as tenants in common, joint tenants, or tenants by the entirety shall create the stated tenancy regardless of whether the percentage interests are equal. 2) The term "land" includes any interest in land, and real estate may be transferred or devised to two or more persons as joint tenants, tenants in common, or tenants by the entirety, with the ability to record a declaration of the chosen tenancy. 3) The provisions of the bill apply to instruments and documents, including wills, recorded or filed before, on, or after January 1, 2020.
Committee Categories
Justice
Sponsors (1)
Last Action
Accompanied a study order, see H5081 (on 11/12/2020)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/H1574 |
| Bill | https://malegislature.gov/Bills/191/H1574.pdf |
Loading...