This form is a Transfer on Death Deed, or Beneficiary Deed, where the Grantor are two individuals or hsuband and wife and the Grantees are two individuals or husband and wife. If one Grantee Beneficiary fails to survive the Grantors their interest goes to their estate or the surviving Grantee Beneficiary. If neither Grantee Beneficiary survive the Grantors, the transfer fails and the deed is null and void. This transfer is revocable by Grantors until death and effective only if filed prior to the surving Grantor's death. This deed complies with all state statutory laws.
Arkansas Transfer On Death Form With Decimals
Category:
State:
Arkansas
Control #:
AR-04-84
Format:
Word;
PDF;
Rich Text
Instant download
Description
Free preview
How to fill out Arkansas Beneficiary Or Transfer On Death Deed Or TOD - Husband And Wife Or Two Individuals To Husband And Wife Or Two Individuals?
It’s no secret that you can’t become a legal expert overnight, nor can you grasp how to quickly draft Arkansas Transfer On Death Form With Decimals without having a specialized set of skills. Putting together legal forms is a time-consuming process requiring a particular education and skills. So why not leave the preparation of the Arkansas Transfer On Death Form With Decimals to the professionals?
With US Legal Forms, one of the most extensive legal template libraries, you can find anything from court papers to templates for in-office communication. We know how important compliance and adherence to federal and state laws and regulations are. That’s why, on our website, all forms are location specific and up to date.
Here’s start off with our website and get the form you require in mere minutes:
- Discover the document you need with the search bar at the top of the page.
- Preview it (if this option provided) and read the supporting description to determine whether Arkansas Transfer On Death Form With Decimals is what you’re searching for.
- Begin your search over if you need a different template.
- Set up a free account and select a subscription plan to buy the form.
- Pick Buy now. As soon as the transaction is through, you can get the Arkansas Transfer On Death Form With Decimals, complete it, print it, and send or send it by post to the designated people or entities.
You can re-access your forms from the My Forms tab at any time. If you’re an existing client, you can simply log in, and locate and download the template from the same tab.
No matter the purpose of your documents-be it financial and legal, or personal-our website has you covered. Try US Legal Forms now!
Form popularity
FAQ
(Ark. Code Ann. § 18-12-608.) You must sign the deed and get your signature notarized, and then record (file) the deed before your death with the county clerk, circuit clerk, or recorder's office (the name varies by county) in the county where the real estate is located.
(d)(1) A beneficiary deed may be revoked at any time by the owner or, if there is more than one (1) owner, by any of the owners who executed the beneficiary deed. (B) Recorded in the office of the county recorder of the county in which the real property is located before the death of the owner as provided by law.
When transferring property, a seller (often called the grantor), writes out a deed, transferring property to the buyer (often called the grantee). The deed is then recorded with the recorder in the county in which the property is located. Recording ? All deeds are to be filed with the Circuit Court (See Map).
Arkansas allows you to leave real estate with transfer-on-death deeds. These deeds are also called beneficiary deeds. You sign and record the deed now, but it doesn't take effect until your death.
Arkansas charges a real property transfer tax for real estate transfers involving more than $100.00 in payment. The total transfer tax rate is $3.30 per $1,000.00 of consideration?two-thirds of which is expressly the new owner's responsibility.