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§ 732.222 — Florida Law | CourtGPT
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  3. Florida/
  4. Title Xlii - Estates and Trusts/
  5. Chapter 732 - Probate Code: Intestate Succession and Wills/
  6. Part II - Elective Share of Surviving Spouse; Rights in Community Property (Ss. 732.201-732.228)732.201 - Right to Elective Share/
  7. § 732.222
Florida Legal Code

§ 732.222

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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.