HB685: Deeds to married couples; create a rebuttable presumption of joint tenancy with rights of survivorship.

Legislative Summary

An Act To Amend Section 89-1-7, Mississippi Code Of 1972, To Provide That When A Person Conveys An Interest In Property To Two Individuals Who Are Married To Each Other, And Such Property Is The Primary Residence Of That Married Couple, The Deed Conveying Such Interest Shall Create A Rebuttable Presumption That The Property Is The Primary Residence Of The Married Individuals; To Provide That The Property Interest Is Considered To Be Joint Tenancy With A Right Of Survivorship, Unless There Are Specific Provisions Provided For In The Deed To The Contrary And For Related Purposes.