Uniform Partition of Heirs Property Act; created. (SB1190)

Introduced By

Sen. Roz Dance (D-Petersburg) with support from co-patron Del. Patrick Hope (D-Arlington)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

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. Read the Bill »

Status

01/03/2019: Awaiting a Vote in the Courts of Justice Committee

History

DateAction
01/03/2019Prefiled and ordered printed; offered 01/09/19 19102872D
01/03/2019Referred to Committee for Courts of Justice

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