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A grantee-beneficiary may refuse to accept all or any part of the real property interest described in a beneficiary deed. A grantee-beneficiary may disclaim all or any part of the real property interest described in a beneficiary deed by any method provided by law. If a grantee-beneficiary refuses to accept or disclaims any real property interest, the granteebeneficiary shall have no liability by reason of being designated as a grantee-beneficiary under this part 4.

Source: L. 2004: Entire part added, p. 733, § 1, effective August 4.


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