Bill
Bill > S937
MA S937
MA S937To clarify the rights of joint owners of real property and abolish certain inconsistent or archaic rules
summary
Introduced
02/16/2023
02/16/2023
In Committee
02/16/2023
02/16/2023
Crossed Over
Passed
Dead
12/31/2024
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)
Official Document
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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