HB1368 (2012) Detail

Relative to real property held as a joint tenancy with rights of survivorship.


HB 1368 – AS AMENDED BY THE HOUSE

22Feb2012… 0406h

2012 SESSION

12-2271

05/01

HOUSE BILL 1368

AN ACT relative to real property held as a joint tenancy with rights of survivorship.

SPONSORS: Rep. Manuse, Rock 5; Rep. Oligny, Rock 8; Rep. Lambert, Hills 27; Sen. White, Dist 9

COMMITTEE: Judiciary

AMENDED ANALYSIS

This bill prohibits a joint tenant from severing a joint tenancy with rights of survivorship without the consent of the other joint tenants.

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

22Feb2012… 0406h

12-2271

05/01

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Twelve

AN ACT relative to real property held as a joint tenancy with rights of survivorship.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 Conveyances of Realty and Interests Therein.

477:18 Tenants in Common; Joint Tenants with Rights of Survivorship.

I. Every conveyance or devise of real estate made to 2 or more persons shall be construed to create an estate in common and not in joint tenancy, unless it shall be expressed therein that the estate is to be holden by the grantees or devisees as joint tenants, or to them and the survivor of them, or unless other words are used clearly expressing an intention to create a joint tenancy. The addition, following the names of the grantees in the granting clause of a deed or devise, of the words “as joint tenants with rights of survivorship” or “as tenants by the entirety” shall constitute a clear expression of intention to create a joint tenancy.

II. If the estate is in joint tenancy with rights of survivorship, a joint tenant shall not sever the joint tenancy without the recorded consent of the other joint tenants named in the deed.

2 Effective Date. This act shall take effect January 1, 2013.