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File the deed at the county clerk's office. File deed in the county clerk's office where the property is located. The clerk will charge a fee. Typical filing fees are $24 to $26 for the first page and $4 for each page thereafter.
In New Jersey, real estate can be transferred via a TOD deed, otherwise known as a beneficiary deed. This deed permits a property owner to designate a beneficiary who will automatically inherit the property upon the owner's death, avoiding probate.
Good to know: To be valid and enforceable, the transfer must be in writing and signed by the owner. The document should be filed with the County Clerk for the County in which the property is located. For example, you cannot simply say that your grandfather said he wanted you to have the property.
What Is the Difference Between TOD and Beneficiary? A transfer on death is an instrument that transfers ownership of specific accounts and assets to someone. A beneficiary is someone that is named to receive something of value.
File the deed at the county clerk's office. File deed in the county clerk's office where the property is located. The clerk will charge a fee. Typical filing fees are $24 to $26 for the first page and $4 for each page thereafter.