Thursday, July 24, 2008
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Tracking Virginia’s General Assembly
since 2007.
HB2395: Reformation of trusts; real property deeded to trust.
Chief Patron
Del.
Ward Armstrong (D-10)
Ward Armstrong
(D-10)
Martinsville, VA
Served: 1992–
Progress
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Introduced |
 |
Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Status
03/09/2007: signed by governor
Summary
Reformation of trusts; real property deeded to trust. Provides that deeds or other instruments that attempt to convey or transfer real property to a trust, which generally cannot hold title to real property, shall be deemed to have conveyed or transferred the property to the trustee of the trust, who can hold title to such property, and that such deeds or other instruments may be reformed without court approval to reflect that the conveyance was intended to be made to the trustee.
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