<?xml version="1.0" encoding="ISO-8859-1"?><section number="78B-6-1270"><effdate>5/4/2022</effdate><histories><history>Enacted by Chapter <modchap sess="2022GS">304</modchap>, 2022 General Session</history><modyear>2022</modyear></histories><catchline>Definitions.</catchline><tab/>As used in this part:<subsection number="78B-6-1270(1)">
"Ascendant" means an individual who precedes another individual in lineage, in the direct line of ascent from the other individual.</subsection><subsection number="78B-6-1270(2)">
"Collateral" means an individual who is related to another individual under the law of intestate succession of this state but who is not the other individual's ascendant or descendant.</subsection><subsection number="78B-6-1270(3)">
"Descendant" means an individual who follows another individual in lineage, in the direct line of descent from the other individual.</subsection><subsection number="78B-6-1270(4)">
"Determination of value" means a court order:
<subsection number="78B-6-1270(4)(a)">
determining the fair market value of heirs' property under Section <xref depth="3" refnumber="78B-6-1274" start="0">78B-6-1274</xref> or <xref depth="3" refnumber="78B-6-1278" start="0">78B-6-1278</xref>; or</subsection><subsection number="78B-6-1270(4)(b)">
adopting the valuation of the property agreed to by all the cotenants.</subsection></subsection><subsection number="78B-6-1270(5)">
"Heirs' property" means real property held in tenancy in common that satisfies all of the following requirements as of the filing of a partition action:
<subsection number="78B-6-1270(5)(a)">
there is no agreement in a record binding all the cotenants that governs the partition of the property;</subsection><subsection number="78B-6-1270(5)(b)">
one or more of the cotenants acquired title from a relative, whether living or deceased; and</subsection><subsection number="78B-6-1270(5)(c)">
any of the following applies:<subsection number="78B-6-1270(5)(c)(i)">
20% or more of the interests are held by cotenants who are relatives;</subsection><subsection number="78B-6-1270(5)(c)(ii)">
20% or more of the interests are held by an individual who acquired title from a relative, whether living or deceased; or</subsection><subsection number="78B-6-1270(5)(c)(iii)">
20% or more of the cotenants are relatives.</subsection></subsection></subsection><subsection number="78B-6-1270(6)">
"Partition by sale" means a court-ordered sale of the entire heirs' property, whether by an auction, sealed bids, or an open-market sale conducted under Section <xref depth="3" refnumber="78B-6-1278" start="0">78B-6-1278</xref>.</subsection><subsection number="78B-6-1270(7)">
"Partition in kind" means the division of heirs' property into physically distinct and separately titled parcels.</subsection><subsection number="78B-6-1270(8)">
"Record" means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form.</subsection><subsection number="78B-6-1270(9)">
"Relative" means an ascendant, a descendant, a collateral, or an individual otherwise related to another individual by blood, marriage, adoption, or a law of this state other than this part.</subsection></section>
