§6-412. Effect of transfer on death deed during transferor's life
During a transferor's life, a transfer on death deed does not: [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]
1. Affect interest or right of transferor or other owner. Affect an interest or right of the transferor or any other owner, including the right to transfer or encumber the property;
[PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]
2. Affect interest or right of transferee. Affect an interest or right of a transferee, even if the transferee has actual or constructive notice of the deed;
[PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]
3. Affect interest or right of creditor. Affect an interest or right of a secured or unsecured creditor or future creditor of the transferor, even if the creditor has actual or constructive notice of the deed;
[PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]
4. Affect eligibility or public assistance. Affect the transferor's or designated beneficiary's eligibility for any form of public assistance;
[PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]
5. Create legal or equitable interest. Create a legal or equitable interest in favor of the designated beneficiary; or
[PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]
6. Subject the property to claims or process. Subject the property to claims or process of a creditor of the designated beneficiary.
[PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]
SECTION HISTORY
PL 2017, c. 402, Pt. A, §2 (NEW). PL 2017, c. 402, Pt. F, §1 (AFF). PL 2019, c. 417, Pt. B, §14 (AFF).
Structure Maine Revised Statutes
Article 6: NONPROBATE TRANSFERS ON DEATH
Part 4: UNIFORM REAL PROPERTY TRANSFER ON DEATH ACT
18-C §6-405. Transfer on death deed authorized
18-C §6-406. Transfer on death deed revocable
18-C §6-407. Transfer on death deed nontestamentary
18-C §6-408. Capacity of transferor; undue influence of transferor
18-C §6-410. Notice, delivery, acceptance, consideration not required
18-C §6-411. Revocation by instrument authorized; revocation by act not permitted
18-C §6-412. Effect of transfer on death deed during transferor's life
18-C §6-413. Effect of transfer on death deed at transferor's death
18-C §6-414. Notice of death affidavit
18-C §6-416. Liability for creditor claims and statutory allowances
18-C §6-417. Optional form of transfer on death deed
18-C §6-418. Optional form of revocation
18-C §6-419. Uniformity of application and construction
18-C §6-420. Relation to Electronic Signatures in Global and National Commerce Act