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MS HB299

Bill

Status

Failed

3/2/2021

Primary Sponsor

Thomas Reynolds

Click for details

Origin

House of Representatives

2021 Regular Session

AI Summary

  • Creates a rebuttable presumption that property conveyed to two married individuals is their primary residence when the property serves as their primary residence

  • 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

  • Allows the presumption to be overridden only if the deed contains specific provisions stating otherwise

  • 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