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. § 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.)
