25 Del. C. § 202
This is the official text of 25 Del. C. § 202, part of Delaware’s Del. C — part of the compiled statutory law of Delaware, published by the state as "Del. C." Browse the sections below, each linked to its official government source.
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§ Â 202. Definitions.
Official statutory text
For purposes of this chapter:
(1) “Beneficiary” means an individual that receives property under a transfer on death deed. “Grantee” has a corresponding meaning.
(2) “Designated beneficiary” means an individual designated to receive property in a transfer on death deed.
(3) a. “Joint owner” means an individual who owns property concurrently with 1 or more other individuals with a right of survivorship.
b. “Joint owner” includes a joint tenant and tenant by the entirety.
c. “Joint owner” does not include a tenant in common.
(4) “Person” means an individual, corporation, business trust, estate, trust, partnership, limited liability company, association, joint venture, public corporation, government or governmental subdivision, agency, or instrumentality, or any other legal or commercial entity.
(5) “Property” means an interest in real property located in this State which is transferable on the death of the owner.
(6) “Transfer on death deed” means a deed authorized under this chapter.
(7) “Transferor” means an individual who makes a transfer on death deed. “Grantor” has a corresponding meaning.
(1) “Beneficiary” means an individual that receives property under a transfer on death deed. “Grantee” has a corresponding meaning.
(2) “Designated beneficiary” means an individual designated to receive property in a transfer on death deed.
(3) a. “Joint owner” means an individual who owns property concurrently with 1 or more other individuals with a right of survivorship.
b. “Joint owner” includes a joint tenant and tenant by the entirety.
c. “Joint owner” does not include a tenant in common.
(4) “Person” means an individual, corporation, business trust, estate, trust, partnership, limited liability company, association, joint venture, public corporation, government or governmental subdivision, agency, or instrumentality, or any other legal or commercial entity.
(5) “Property” means an interest in real property located in this State which is transferable on the death of the owner.
(6) “Transfer on death deed” means a deed authorized under this chapter.
(7) “Transferor” means an individual who makes a transfer on death deed. “Grantor” has a corresponding meaning.
Status: in_force · Read it on the official government site
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