This form is a Personal Representative's Deed of Distribution where the grantor is the Personal Representative of an estate and the grantees are the beneficiaries of the estate. Grantor conveys the described property to the grantees. The Grantor warrants the title only as to events and acts while the property is held by the Personal Representative. This deed complies with all state statutory laws.
Deed Of Distribution
State:
Colorado
Control #:
CO-02-84
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Colorado Deed Of Distribution - Personal Representative To Two Individuals?
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FAQ
The deed of distribution is signed by the acting PR in the presence of a notary public and two witnesses before recording in the Register of Deeds' office of the county where the subject property is situated. A certified copy should be delivered to the probate court.
Proof that a distributee has received an instrument or deed of distribution of assets in kind, or payment in distribution, from a personal representative, is conclusive evidence that the distributee has succeeded to the interest of the estate in the distributed assets, as against all persons interested in the estate, ...
May I prepare my own deed? A. Yes you may, but our office always recommends that you hire an attorney. Our office is strictly for recording, we do not prepare documents and do not answer questions in the preparation of legal documents.
A copy of the recorded Deed of Distribution needs to be filed at the Probate Court. Real property located in other South Carolina counties will require the Deed of Distribution be recorded in that location. You should then deliver the recorded Deed of Distribution to the new owners of the property.
In South Carolina a Deed of Distribution releases real property such as a house or land from the deceased persons name to the name of the beneficiary. This is usually one of the last steps in the probate procedure and is done after the eight month creditor period has expired.