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2023 Vermont Statutes
Title 27 - Property
Chapter 6 - Enhanced Life Estate Deeds
§ 656. Revocation; revision; mortgages
Universal Citation: 27 V.S.A. § 656
§ 656. Revocation; revision; mortgages
(a) A grantor may revoke or revise an ELE deed.
(b) Joinder by, consent to, agreement of, or notice to the grantee of an ELE deed shall not be required for revocation or revision.
(c) The granting of a mortgage shall not operate to revoke or revise an ELE deed, but the property interests conveyed and reserved in an ELE deed shall be encumbered by the mortgage and by any future advances made pursuant to it. (Added 2019, No. 145 (Adj. Sess.), § 1, eff. July 13, 2020.)
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