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Bill > S937


MA S937

MA S937
To clarify the rights of joint owners of real property and abolish certain inconsistent or archaic rules


summary

Introduced
02/16/2023
In Committee
02/16/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd 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 state's laws to specify that a conveyance or devise to two or more persons as tenants in common or joint tenants shall create the tenancy stated in the instrument, regardless of whether the percentage interests are equal. The bill also allows for the recording of a declaration of tenancy to establish the form of ownership, and clarifies that the term "real estate" includes any interest in real estate. The provisions of the bill will take effect on December 31, 2024 and apply to instruments and documents recorded before, on, or after that date.

Committee Categories

Justice

Sponsors (1)

Last Action

Accompanied a study order, see S2612 (on 02/08/2024)

bill text


bill summary

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bill summary

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bill summary

Document Type Source Location
State Bill Page https://malegislature.gov/Bills/193/S937
BillText https://malegislature.gov/Bills/193/S937.pdf
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