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Bill > S892


MA S892

To clarify the rights of joint owners of real property and abolish certain inconsistent or archaic rules


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
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 aims to clarify the rights of joint owners of real property and abolish certain inconsistent or archaic rules. It amends the Massachusetts General Laws to specify that a conveyance or devise of real property to two or more persons can create a tenancy in common, joint tenancy, or tenancy by the entirety, regardless of whether the percentage interests of the owners are equal. The bill also allows co-owners to record a declaration of the type of tenancy they hold, and defines the term "real estate" to include any interest in real estate. The provisions of this bill will take effect on January 1, 2020 and apply to instruments and documents recorded or filed before, on, or after that date.

Committee Categories

Justice

Sponsors (1)

Last Action

Accompanied a study order, see S2496 (on 02/03/2020)

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