Massachusetts S937 clarifies joint ownership rights of real property and removes outdated rules.
Massachusetts S937 amends the General Laws to clarify the rights of joint owners of real property. It allows the instrument of conveyance or devise to specify the percentage interest held by each party. The bill creates a tenancy as stated in the instrument or devise, regardless of equal interests. It also allows real estate to be conveyed or devised to two or more persons as joint tenants, tenants in common, or tenants by the entirety. The changes apply to instruments and documents recorded or filed on or after December 31, 2024.
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- Core Provisions
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- Legal Framework
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