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Vermont Statutes · § 655 — Acceptance or consideration not required; conveyance not permitted

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.

Source notes
History and annotations

(Added 2019, No. 145 (Adj. Sess.), § 1, eff. July 13, 2020.)

Official source for this version

Source captured 2026-09-25. Open the official source.

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