The Vermont Statutes Online
The Vermont Statutes Online have been updated to include the actions of the 2023 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Title 27 : Property
Chapter 006 : Enhanced Life Estate Deeds
(Cite as: 27 V.S.A. § 655)-
§ 655. Acceptance or consideration not required; conveyance not permitted
(a) An enhanced life estate deed is effective without:
(1) acceptance by the designated grantee during the grantor’s life; or
(2) consideration.
(b) A grantee named in an ELE deed shall not convey the grantee’s contingent remainder interest during the grantor’s lifetime, and any conveyance that attempts to do so is void. (Added 2019, No. 145 (Adj. Sess.), § 1, eff. July 13, 2020.)
