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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

In Re Tetreault, 11 A.3d 635 (2011)

Citation
In Re Tetreault, 11 A.3d 635 (2011)
Parent Document
In Re Tetreault, 11 A.3d 635 (2011)
Jurisdiction
Rhode Island (state)
Effective Date
2011-01-13

Other Sections in This Document (98)

Full Text

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This first question requires us to determine whether being a tenant in common, by virtue of the residuary clause of a will, of real property that is subject to potential sale for the settlement of testatrix’s estate, is sufficient to satisfy the “ownership or possessory rights” prong of the homestead statute. The trustee argues that any interest debtor had in the property was defeased when executrix initiated the procedure to sell the property by filing an eviction complaint with the District Court. The trustee contends, therefore, that debtor was not an “owner,” and that debtor did not have sufficient possessory rights requisite for an exemption under the homestead statute. The debtor, on the other hand, argues that as a devisee under testatrix’s will, he satisfied the ownership or possessory rights specified by the homestead statute and therefore was not barred from claiming the homestead estate exemption. We agree, and for the following reasons answer question one in the affirmative.