Bill Codifying Common Law Creation of Joint Tenancy Passes Subcommittee

Today TBA member Jim Romer testified before the House Civil Justice Subcommittee in support of HB1924, a bill he drafted and was sponsored by Rep. Kelly Keisling. The bill codifies common law creation of joint tenancy with right of survivorship through express language in a conveying instrument and prevents unilaterally severing a joint tenancy with right of survivorship. It amends TCA 66-1-107. The bill passed the subcommittee by a voice vote and will now be considered by the House Civil Justice full Committee. The Senate version, SB2001 sponsored by Sen. Ken Yager, has been referred to the Senate Judiciary Committee.
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