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Bill > H1815


MA H1815

MA H1815
To clarify the rights of joint owners of real property and abolish certain inconsistent or archaic rules


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd 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. The key provisions include: 1) allowing the instrument of conveyance or devise to specify the percentage interest to be held by each party, creating the tenancy stated in the instrument without regard to whether the percentage interests are equal; 2) providing that a conveyance or devise of land to a person and their spouse shall, if the instrument expressly states, vest in the grantees or devisees a tenancy by the entirety; 3) defining "real estate" to include any interest in real estate, and "person" to exclude individuals acting as trustees or partners; and 4) stating that the provisions of the Act shall apply to instruments and documents recorded or filed before, on, or after the effective date of January 1, 2022.

Committee Categories

Justice

Sponsors (2)

Last Action

Accompanied a study order, see H4844 (on 06/09/2022)

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