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Session Laws, 1989
Volume 771, Page 4152   View pdf image
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Ch. 751                                       LAWS OF MARYLAND

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect June 1, 1989.

Approved May 25, 1989.

CHAPTER 751

(House Bill 1424)

AN ACT concerning

Real Property - Grants of Interest - Exceptions of
Straw Man Requirement

FOR the purpose of permitting a person to grant an interest in
real property to the person and any other person, as
grantees, in life tenancy, with or without powers, without
the use of a straw man as an intermediate grantee-grantor;
permitting an interest in property held by a husband and
wife in tenancy by the entirety to be granted to either of
them, individually, without the use of a straw man as an
intermediate grantee-grantor; and generally relating to
grants of an interest in property without the use of a straw
man as an intermediate grantee-grantor.

BY repealing and reenacting, with amendments,

Article - Real Property

Section 4-108

Annotated Code of Maryland

(1988 Replacement Volume and 1988 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Real Property

4-108.

(a) Any interest in property may be granted by one or more
persons, as grantors, to themselves alone, or to himself or
themselves and any other person, as grantees, in LIFE TENANCY,
WITH OR WITHOUT POWERS, joint tenancy, tenancy in common, or
tenancy by the entirety without the use of a straw man as an
intermediate grantee-grantor. These grants, regardless of when
made, are ratified, confirmed, and declared valid as having
created the type of concurrent ownership that the grant purports
to grant.

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Session Laws, 1989
Volume 771, Page 4152   View pdf image
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