Vt. Stat. tit. 14 § 1955

Current through L. 2024, c. 185.

Section 1955 - Waiver and bar

The right to disclaim property or an interest therein is barred by

(1) an assignment, conveyance, encumbrance, pledge, or transfer of the property or interest, or a contract therefor;

(2) an encumbrance, except that the lien for a writ of attachment or a judgment lien shall only bar a disclaimer to the extent of the amount of the lien;

(3) a written waiver of the right to disclaim;

(4) an acceptance of the property or interest or a benefit thereunder; or

(5) a sale of the property or interest under judicial sale made before the disclaimer is effected.

14 V.S.A. § 1955

Added 1985, No. 130 (Adj. Sess.).