2023 Vermont Statutes
Title 27 - Property
Chapter 6 - Enhanced Life Estate Deeds
§ 658. Death of grantee prior to death of grantor
§ 658. Death of grantee prior to death of grantor
Unless the ELE deed provides otherwise:
(1) If an ELE deed conveys title to a single grantee and the grantee predeceases the grantor, upon the death of the grantor, title to the property vests in the heirs of an intestate grantee or the interest shall be distributed or conveyed to a grantee’s heirs or beneficiaries, as directed by the Probate Division.
(2) If an ELE deed conveys title to multiple grantees as tenants in common and one or more grantees predecease the grantor, upon the death of the grantor, title to the property vests in the heirs of any intestate grantee or the interest shall be distributed or conveyed to a grantee’s heirs or beneficiaries, as directed by the Probate Division.
(3) If an ELE deed conveys title to multiple grantees as joint tenants and one or more grantees predecease the grantor, upon the death of the grantor, title to the property vests in any grantee who survives the grantor. (Added 2019, No. 145 (Adj. Sess.), § 1, eff. July 13, 2020.)
