An Act To Strengthen The Law Regarding Relief For Improvident Transfers Of Title

LD 1027 strengthens legal protections for elderly dependent persons who lose property through undue influence or transfers for less than full value. If a court finds someone exerted undue influence over an elderly person or paid less than full consideration for their property, the court must order that person to pay the victim’s legal fees and costs. The bill specifically targets situations where property is transferred unfairly from vulnerable seniors, requiring courts to grant relief like rescinding deeds or imposing constructive trusts. It does not affect good faith purchasers who paid full value for the property after the transfer.