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TN SB0660

TN SB0660
AN ACT to amend Tennessee Code Annotated, Title 30; Title 31; Title 32; Title 35; Title 55; Title 66 and Section 67-4-409, relative to the automatic transfer of property upon death.


summary

Introduced
02/09/2021
In Committee
Crossed Over
Passed
Dead
04/28/2022

Introduced Session

112th General Assembly

Bill Summary

As introduced, enacts the "Tennessee Uniform Real Property Transfer on Death Act"; authorizes real property and motor vehicles to be transferred upon an owner's death to a designated beneficiary. - Amends TCA Title 30; Title 31; Title 32; Title 35; Title 55; Title 66 and Section 67-4-409.

AI Summary

This bill enacts the "Tennessee Uniform Real Property Transfer on Death Act", which authorizes the automatic transfer of real property and motor vehicles to designated beneficiaries upon the owner's death. The bill amends various sections of the Tennessee Code to establish the requirements and procedures for creating and revoking these "transfer on death" deeds and motor vehicle titles. The bill applies to transfers made before, on, or after the July 1, 2021 effective date, as long as the owner dies on or after that date.

Committee Categories

Justice

Sponsors (1)

Last Action

Assigned to General Subcommittee of Senate Judiciary Committee (on 03/26/2021)

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