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Vt. Stat. Ann. tit. 27, § 656

Revocation; revision; mortgages

Known as the Enhanced Life Estate Deed Act

The act spans §§ 27–27 (10 sections).

Added 2019, No. 145 (Adj

(a) A grantor may revoke or revise an ELE deed.

(b) Joinder by, consent to, agreement of, or notice to the grantee of an ELE deed shall not be required for revocation or revision.

(c) The granting of a mortgage shall not operate to revoke or revise an ELE deed, but the property interests conveyed and reserved in an ELE deed shall be encumbered by the mortgage and by any future advances made pursuant to it.

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