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2019 SESSION

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SB 1190 Uniform Partition of Heirs Property Act; created.

Introduced by: Rosalyn R. Dance | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Uniform Partition of Heirs Property Act. Creates the Uniform Partition of Heirs Property Act, which preserves the right of a cotenant to sell his interest in inherited real estate, while ensuring that the other cotenants will have the necessary due process, including notice, appraisal, and right of first refusal, to prevent a forced sale. If the other cotenants do not exercise their right to purchase property from the seller, the court must order a partition in kind if feasible, and if not, a commercially reasonable sale for fair market value. The provisions of the bill apply to partition actions filed on or after July 1, 2019.

FULL TEXT

• 01/03/19  Senate: Prefiled and ordered printed; offered 01/09/19 19102872D  pdf

HISTORY

• 01/03/19  Senate: Prefiled and ordered printed; offered 01/09/19 19102872D
• 01/03/19  Senate: Referred to Committee for Courts of Justice
• 01/28/19  Senate: Passed by indefinitely in Courts of Justice (8-Y 5-N)