Terms Used In Vermont Statutes Title 9 Sec. 2151

  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • real estate: shall include lands, tenements, and hereditaments and all rights thereto and interests therein, and pews or slips in places of public worship shall be treated as real estate. See

§ 2151. Nature and form of assignment

An assignment of property including choses in action, by a debtor for the benefit of creditors shall be in writing and signed by the debtor. If real estate is assigned, it shall be by deed, executed and recorded in the same manner as a conveyance of real estate. Such assignment shall be for the benefit of all the creditors of the assignor in proportion to their respective claims. An assignment shall not be valid against a creditor of the assignor, if the assignee is a creditor or interested in the provisions of the assignment.