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Housing And Property Times
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NOMINATION IS NOT INHERITANCE: READING THE SOCIETY-RULES CHANGE CORRECTLY

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NOMINATION IS NOT INHERITANCE: READING THE SOCIETY-RULES CHANGE CORRECTLY

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What this means for you: A nomination only tells a society who to hand the shares to first -- it doesn't override a legal heir's inheritance rights, so societies updating bye-laws shouldn't blur the two.

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Do most societies you know understand that nomination isn't the same as inheritance?

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