Current through the 2024 Legislative Session
Section 732.222 - Purchaser for value or lender(1) If a surviving spouse has apparent title to property to which ss. 732.216 - 732.228 apply, a purchaser for value or a lender taking a security interest in the property takes the interest in the property free of any rights of the personal representative or a beneficiary of the decedent.(2) If a personal representative or a beneficiary of the decedent has apparent title to property to which ss. 732.216 - 732.228 apply, a purchaser for value or a lender taking a security interest in the property takes that interest in the property free of any rights of the surviving spouse.(3) A purchaser for value or a lender need not inquire whether a vendor or borrower acted properly.(4) The proceeds of a sale or creation of a security interest must be treated as the property transferred to the purchaser for value or a lender.s. 9, ch. 92-200; s.956, ch. 97-102; s.34, ch. 2001-226.