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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) An owner of a manufactured home may transfer the owner's interest in the home to one or more beneficiaries effective on the owner's death by designating each beneficiary as provided by Section 1201.2135, Occupations Code.
(b) A beneficiary designation is:
(1) subject to Section 116.004(b), revocable and may be changed at any time without the consent of the designated beneficiaries as provided by Section 1201.2135, Occupations Code;
(2) a nontestamentary instrument; and
(3) effective without:
(A) notice or delivery to or acceptance by the designated beneficiaries during the owner's life; or
(B) consideration.
(c) A will may not revoke or supersede a beneficiary designation, regardless of when the will is made.
(d) A designated beneficiary may disclaim the designated beneficiary's interest in the manufactured home as provided by Chapter 240, Property Code.
Cite this article: FindLaw.com - Texas Estates Code - EST § 116.003. Beneficiary Designation Authorized - last updated January 01, 2024 | https://codes.findlaw.com/tx/estates-code/est-sect-116-003/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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