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Vt. Stat. Ann. tit. 14, § 1955

Waiver and bar

Known as the Uniform Disclaimer of Property Interests Act

The act spans §§ 14–14 (9 sections).

Added 1985, No. 130 (Adj

The right to disclaim property or an interest therein is barred by

(1) an assignment, conveyance, encumbrance, pledge, or transfer of the property or interest, or a contract therefor;

(2) an encumbrance, except that the lien for a writ of attachment or a judgment lien shall only bar a disclaimer to the extent of the amount of the lien;

(3) a written waiver of the right to disclaim;

(4) an acceptance of the property or interest or a benefit thereunder; or

(5) a sale of the property or interest under judicial sale made before the disclaimer is effected.

Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.