Transfer on Death Deed - Arizona - Individual to Individual: This deed is used to transfer the ownership or title of a parcel of land, attaching any existing covenants, upon the death of the Grantor to the Grantee. It does not transfer any present ownership interest in the property and is revocable at any time. Therefore, it is commonly used to avoid probate upon death.
Beneficiary Of Deed Of Trust Form Colorado
Category:
State:
Arizona
Control #:
AZ-019-77
Format:
Word;
Rich Text
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How to fill out Arizona Beneficiary Deed For Individual To Individual?
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FAQ
§15-15-404, in order for a beneficiary deed to be effective it must contain the words ?conveys on death? or ?transfers on death? or ?otherwise indicate the transfer is to be effective on the death of the owner.? The beneficiary deed must be signed in front of a notary and then recorded in the clerk and recorder's ...
The process. You must sign the deed and get your signature notarized, and then record (file) the deed with the county clerk and recorder's office before your death. Otherwise, it won't be valid. The beneficiary's rights.
(1) "BENEFICIARY DEED"MEANS A DEED, SUBJECT TO REVOCATION BY THE OWNER, WHICH CONVEYS AN INTEREST IN REAL PROPERTY AND WHICH CONTAINS LANGUAGE THAT THE CONVEYANCE IS TO BE EFFECTIVE UPON THE DEATH OF THE OWNER AND WHICH MAY BE IN SUBSTANTIALLY THE FORM DESCRIBED IN SECTION 15-15-404.
To get title to the property after your death, the beneficiary must record an affidavit (sworn statement) and certified copy of the death certificate in the county clerk and recorder's office. No probate is necessary.
Section 15-15-401 et seq. of the Colorado Revised Statutes authorize the execution and recording of ?beneficiary deeds? in Colorado. Beneficiary deed forms are set forth in C.R.S. 15-15-404.