Property Rights

ORS 105.634
Disclaimer of rights of survivorship in jointly held property


(1)

Upon the death of a holder of jointly held property, a surviving holder may disclaim, in whole or part, the greater of:

(a)

A fractional share of the property determined by dividing the number one by the number of joint holders alive immediately before the death of the holder to whose death the disclaimer relates; or

(b)

All of the property except that part of the value of the entire interest attributable to the contribution furnished by the disclaimant.

(2)

A disclaimer under subsection (1) of this section takes effect upon the death of the holder of jointly held property to whose death the disclaimer relates.

(3)

An interest in jointly held property disclaimed by a surviving holder of the property passes as if the disclaimant predeceased the holder to whose death the disclaimer relates. [2001 c.245 §7]
§§ 105.625 to 105.640

See annotations under ORS 105.623 to 105.649.

§§ 105.623 to 105.649

Law Review Citations

Under Former Similar Statutes (Ors 105.625 to 105.640)

24 WLR 41 (1988)

Chapter 105

Atty. Gen. Opinions

Private process server in a forcible entry and detainer action, (1975) Vol 37, p 869


Source

Last accessed
Jun. 26, 2021