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An Affidavit of Survivorship is a legal document used in Minnesota to transfer the ownership of real estate from one party to another when one of the parties has died. It is typically used by the heirs of a deceased party to transfer the deceased's ownership interest in real estate to the surviving owner.
When all grantor owners are deceased, obtain and complete the necessary documents and record the documents with the Registrar of Titles. Examiner approval will happen as part of the recording process. Step 1.
A motor vehicle is registered in transfer-on-death form by designating on the certificate of title the name of the owner and the names of joint owners with identification of rights of survivorship, followed by the words ?transfer-on-death to (name of beneficiary or beneficiaries).? The designation ?TOD? may be used ...
At your death, the real estate goes automatically to the person you named to inherit it (your "beneficiary"), without the need for probate court proceedings. (Minn. Stat. § 507.071.)
A transfer on death deed is valid if the deed is recorded in a county in which at least a part of the real property described in the deed is located and is recorded before the death of the grantor owner upon whose death the conveyance or transfer is effective.