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.
History.—s. 9, ch. 92-200; s. 956, ch. 97-102; s. 34, ch. 2001-226.
Section: Previous 732.2145 732.2155 732.216 732.217 732.218 732.219 732.221 732.222 732.223 732.224 732.225 732.226 732.227 732.228 NextLast modified: September 23, 2016