Loading chat...

MS HB685

Bill

Status

Failed

3/27/2023

Primary Sponsor

Thomas Reynolds

Click for details

Origin

House of Representatives

2023 Regular Session

AI Summary

  • Amends Mississippi property law to exclude conveyances of primary residences to married couples from the default rule that creates estates in common

  • Creates a rebuttable presumption that property conveyed to a married couple is their primary residence and is held as joint tenancy with right of survivorship

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

  • Maintains existing law that joint tenancy or entirety between spouses can be terminated by deed from one spouse to the other without the grantee spouse's joinder

  • Effective date of July 1, 2023

Legislative Description

Deeds to married couples; create a rebuttable presumption of joint tenancy with rights of survivorship.

Last Action

Died In Conference

3/27/2023

Committee Referrals

Judiciary, Division A2/13/2023
Judiciary A1/16/2023

Full Bill Text

No bill text available