106 CMR 704.130

Joint Ownership of Assets

Year: 2026Length: 69 wordsOfficial source
(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.
106 CMR 704.130: Joint Ownership of Assets | Justis AI