Current through Register 1527, August 2, 2024
Section 704.130 - Joint Ownership of Assets(A)Definition. Any asset owned by two or more persons, other than a joint bank account is considered owned in equal parts unless a different ownership share is verified. If joint ownership exists, only that portion owned by persons included in the filing unit is countable.(B)Verification. Documents that verify other than equal ownership include, but are not limited to, titles, purchase contracts, or other certificates of ownership.Adopted by Mass Register Issue 1360, eff. 3/9/2018.Amended by Mass Register Issue 1521, eff. 5/10/2024.