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Bill > HB1596


TN HB1596

TN HB1596
As introduced, enacts the "Uniform Real Property Transfer on Death Act." - Amends TCA Title 30; Title 31; Title 32 and Title 66.


summary

Introduced
01/17/2018
In Committee
01/22/2018
Crossed Over
Passed
Dead
04/25/2018

Introduced Session

110th General Assembly

Bill Summary

As introduced, enacts the "Uniform Real Property Transfer on Death Act." - Amends TCA Title 30; Title 31; Title 32 and Title 66.

AI Summary

This bill enacts the "Uniform Real Property Transfer on Death Act" in Tennessee, which allows individuals to transfer real property to designated beneficiaries upon their death through a transfer on death deed. The act outlines the requirements for such deeds, including that they be revocable, nontestamentary, and recorded before the transferor's death. The bill also addresses issues related to the transfer of property, such as the capacity required, the rights of creditors, and the procedures for disclaiming an interest in the property. Additionally, the bill amends existing laws to incorporate the new transfer on death deed provisions.

Committee Categories

Justice

Sponsors (1)

Last Action

Taken off notice for cal in s/c Civil Justice Subcommittee of Civil Justice Committee (on 03/07/2018)

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