United States — Maine Act or statute

United States — Maine legislation

Maine Revised Statutes, Title 18-C, § 6-402: Definitions, 2017

This section defines key terms used in the Part.

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“This section defines key terms used in the Part.”

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Definitions

This section defines key terms used in the Part.

Section 6-402

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Source record from legislature.maine.gov · Enacted 2017 · Source version 1 Oct 2025

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Part 4

part 4 UNIFORM REAL PROPERTY TRANSFER ON DEATH ACT

§ 6-402DefinitionsInterpretation

This section defines key terms used in the Part.

As used in this Part, unless the context otherwise indicates, the following terms have the following meanings. [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).] 1. Beneficiary. "Beneficiary" means a person that receives property under a transfer on death deed. [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).] 2. Designated beneficiary. "Designated beneficiary" means a person designated to receive property in a transfer on death deed. [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).] 3. Joint owner. "Joint owner" means an individual who owns property concurrently with one or more other individuals with a right of survivorship. "Joint owner" includes a joint tenant. "Joint owner" does not include a tenant in common without a right of survivorship. [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).] 4. Person. "Person" means an individual, corporation, estate, trustee, partnership, limited liability company, association, joint venture, public corporation, government or governmental subdivision, agency or instrumentality or any other legal or commercial entity. [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).] 5. Property. "Property" means an interest in real property located in this State that is transferable on the death of the owner. [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).] 6. Transfer on death deed. "Transfer on death deed" means a deed authorized under this Part. [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).] 7. Transferor. "Transferor" means an individual who makes a transfer on death deed. [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]
Section 6-402Verify source

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  • 1 Oct 2025 · currentEnglish

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