summary
Introduced
01/09/2025
01/09/2025
In Committee
04/30/2025
04/30/2025
Crossed Over
03/28/2025
03/28/2025
Passed
Dead
Introduced Session
2025 Regular Session
Bill Summary
This bill requires beneficiaries of a transfer on death deed to file a notice of death affidavit with detailed information at the registry of deeds within 60 days of the transferor's death, thereby ensuring proper documentation and communication with the tax assessor.
AI Summary
This bill requires beneficiaries who receive property through a transfer on death deed to file a notice of death affidavit with a local registry of deeds within 60 days after the original property owner (transferor) passes away. A transfer on death deed is a legal document that allows a property owner to designate who will inherit their real estate without going through probate court, which can be a time-consuming and expensive process. By mandating that beneficiaries submit a detailed affidavit within this 60-day window, the bill aims to ensure proper documentation and facilitate communication with local tax assessors, who need accurate records of property transfers. The bill will go into effect 60 days after its passage, giving beneficiaries a clear timeframe for complying with the new documentation requirement.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Ought to Pass: Motion Adopted Voice Vote 05/08/2025 House Journal 14 (on 05/08/2025)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...