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MD SB698

MD SB698
Real Property Transfer–on–Death Deed Task Force


summary

Introduced
02/03/2021
In Committee
03/20/2021
Crossed Over
03/19/2021
Passed
Dead
04/12/2021

Introduced Session

2021 Regular Session

Bill Summary

Establishing the Real Property Transfer-on-Death Deed Task Force to study other jurisdictions that have implemented the use of a transfer-on-death deed for real property; providing for the composition, chair, and staffing of the Task Force; requiring the Task Force to study and make recommendations regarding the implementation of a transfer-on-death deed in the State; requiring the Task Force to report its findings and recommendations to the Governor and the General Assembly by December 1, 2022; etc.

AI Summary

This bill establishes the Real Property Transfer-on-Death Deed Task Force to study the implementation of a transfer-on-death deed for real property in Maryland. The Task Force will consist of members from the state government, advocacy organizations, and the Maryland State Bar Association. The Task Force is required to study other jurisdictions that have implemented this type of deed and make recommendations on its potential implementation in Maryland. The Task Force must report its findings and recommendations to the Governor and the General Assembly by December 1, 2022. The bill will take effect on July 1, 2021 and remain in effect for 2 years, after which it will be automatically repealed.

Committee Categories

Justice, Transportation and Infrastructure

Sponsors (1)

Last Action

Referred Environment and Transportation (on 03/20/2021)

bill text


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