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MS HB299
Bill
Status
Failed
3/2/2021
Primary Sponsor
Thomas Reynolds
Click for details
AI Summary
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Creates a rebuttable presumption that property conveyed to two married individuals is their primary residence when the property serves as their primary residence
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Establishes that property conveyed to married couples is automatically considered joint tenancy with right of survivorship, meaning the surviving spouse inherits the property upon the other's death
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Allows the presumption to be overridden only if the deed contains specific provisions stating otherwise
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Effective date of July 1, 2021
Legislative Description
Property interest; conveyance to married individuals considered to create joint tenancy with right of survivorship.
Last Action
Died In Committee
3/2/2021
Committee Referrals
Judiciary, Division A2/17/2021
Judiciary A1/18/2021
Full Bill Text
No bill text available