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Chester Park Provision Passes the Senate
This week, the Senate passed SB 104, relating to the transfer of titles on vehicles and property following someone's death. I worked with the bill sponsor and Senate Finance Committee to include language that would fix an issue brought to my attention by constituents of Chester Park Senior Housing in Muldoon, a 142-unit common interest community cooperative.
An owner of a common interest community (CIC) buys a stock share to determine residency in the building. Typically, traditional homeowners can automatically transfer their property to beneficiaries through a transfer on death deed, but a CIC is not included under the list of eligible property for this kind of transfer. This created a grey area in law about whether a CIC owner would be transferred without undergoing the probate process.
To fix this, I worked with Chester Park residents to include a definition of CICs as property within SB 104. This would give peace of mind to homeowners and grieving families.
SB 104 passed the Senate 20-0 on Monday and heads to the House for consideration. I am working with House members to ensure they understand this language and help it become law.
This is a great example of why constituents are so essential to the public process. Thanks to the Chester Park residents who brought this to my attention. If you have a concern or issue, please feel free to call me anytime.
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