Related Definitions
What is a Death Deed?
A legal document that transfers real estate property upon death without probate, also known as a Transfer on Death Deed.
A legal instrument that transfers ownership of property upon the death of the property owner to a designated beneficiary. Also known as a transfer-on-death deed, it allows the property owner to retain control of the property during their lifetime while avoiding probate upon death, as the transfer occurs automatically. This type of deed is governed by state law and must meet specific requirements to be valid.
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