Texas HB3395 allows owners of manufactured homes to designate a beneficiary to inherit the home upon their death.
HB3395 amends Texas law to authorize a beneficiary designation for manufactured homes, allowing the owner to designate a beneficiary to inherit the home upon their death. The designation is a nontestamentary instrument, meaning it does not require a will. The designated beneficiary can be changed or revoked at any time. If the beneficiary survives the owner by 120 hours, the home transfers to the beneficiary. If not, the beneficiary's share lapses. The designation does not affect the owner's rights during their life, nor does it create an interest in the beneficiary.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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