This type of deed is used to convey property by the circuit clerk when there has been a public sale of the property. The form is available in both word and word perfect formats.
Transfer On Death Deed Form Alabama With Get
Category:
State:
Alabama
Control #:
AL-005-11-CP
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Alabama Clerk's Deed?
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FAQ
Hear this out loud PauseA beneficiary who receives real estate through a transfer on death deed becomes personally liable for the debts of the dead property owner without proper counsel from an estate planning professional or a title company. The beneficiary becomes liable to potential financial obligations as a result.
- The document must include the name and address of the person who prepared the document. This can be given in the following format: 'This instrument prepared by NAME and ADDRESS. ' - The marital status of the grantor must be given on the deed.
Hear this out loud PauseAll deeds filed in Alabama must be met with the Grantor(s) signing in front of a notary public or one (1) witness along with the Real Estate Sales Validation (Form RT-1) to be completed when filing with the Probate County Judge's Office.
Hear this out loud PauseUnlike some states, Alabama does not currently allow the use of TOD deeds for real estate. Instead, other instruments such as joint tenancy or revocable living trusts are typically used to avoid probate when transferring real estate upon death.
Hear this out loud PauseAttorney Involvement All legal documents must be drafted by an attorney licensed to practice in the State of Alabama. Parties to a transaction can draft their own documents if they are doing so on behalf of themselves.