HB 1368, relative to real property held as a joint tenancy with rights of survivorship. OUGHT TO PASS WITH AMENDMENT.
Rep. Kathleen F. Souza for Judiciary: This bill addresses a glitch in state title law. The committee heard testimony from intended heirs who did not indeed inherit property under current joint tenancy law. This bill ensures that if one joint tenant with right of survivorship decides to sever the joint tenancy, then the other joint tenant(s) must be informed. The committee amendment strengthens the protection of all parties by insisting that all parties not only be informed of proposed changes, as called for in the original bill, but that there is a record of their consent to the action. Vote 16-1.
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