Relating to authorizing a beneficiary designation that transfers a manufactured home classified as personal property at the owner's death.
What changed between versions
New Chapter 116 establishes a beneficiary designation system for manufactured homes, allowing owners to name one or more beneficiaries who will receive the home upon death without a will.
Added Section 1201.2135 to the Occupations Code, requiring beneficiary designations to be submitted with an application for a new statement of ownership and specifying the legal name of each beneficiary must be included.
Added definitions for 'beneficiary designation,' 'designated beneficiary,' 'joint owner with right of survivorship,' 'manufactured home,' and 'person' specific to this chapter.
Set a 365-day deadline after the owner's death for beneficiaries to submit an application and proof of death to claim the manufactured home, with the designation becoming void if not claimed by the 366th day.
Set the effective date of the Act as September 1, 2025.
Amended Section 122.001(1) of the Estates Code to include beneficiary designations for manufactured homes as a method of property transfer, expanding the definition of 'beneficiary'.
Established that beneficiary designations are revocable, nontestamentary instruments that cannot be superseded by a will, and clarified rules for joint ownership and creditor claims.
