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TN SB2581

TN SB2581
As introduced, enacts the "Uniform Real Property Transfer on Death Act." - Amends TCA Title 30; Title 31; Title 32 and Title 66.


summary

Introduced
02/01/2018
In Committee
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 beneficiaries upon their death through a transfer on death deed. The key provisions include defining the terms and requirements for such deeds, allowing them to be revoked or disclaimed, and clarifying how the property is transferred and handled in relation to the transferor's estate and creditors. The bill also makes some related amendments to existing laws on disclaimers and real property transfers.

Committee Categories

Justice

Sponsors (1)

Last Action

Passed on Second Consideration, refer to Senate Judiciary Committee (on 02/05/2018)

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