Transfer On Death Designation Affidavit Form

State:
Ohio
Control #:
OH-037-77
Format:
Word; 
Rich Text
Instant download

Description

This affidavit is used to transfer the title of a parcel of land, attaching any existing covenants, upon the death of the Owners/Affiants to the designated beneficiary that survive the Owners/Affiants. It should be signed in front of a Notary Public. The form does NOT include provision for an alternate beneficiary in the event the designated beneficiary predeceases the owners. The designation of the beneficiary in an affidavit of transfer on death may be revoked or changed at any time, without the consent of that designated transfer on death beneficiary, by either owner of the interest by executing, in accordance with Chapter 5301 of the Ohio Revised Code and recording a transfer on death designation affidavit conveying the owner's entire, separate interest in the real property to one or more persons, including the Owner, with or without the designation of another transfer on death beneficiary.

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  • Preview Transfer on Death Designation Affidavit - TOD from Two Individuals to One Individual
  • Preview Transfer on Death Designation Affidavit - TOD from Two Individuals to One Individual
  • Preview Transfer on Death Designation Affidavit - TOD from Two Individuals to One Individual
  • Preview Transfer on Death Designation Affidavit - TOD from Two Individuals to One Individual

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FAQ

Yes. Ohio law allows individuals who do not need the estate administration benefits of a trust agreement to avoid Probate on the transfer of real property by executing a legal document called a Transfer-On-Death (TOD) Designation Affidavit. What is a TOD Designation Affidavit?

Write out the address of the property related to the deed transfer. Take the form to a bank or notary office, sign the form in front of the notary and have it notarized. Submit the completed, notarized form to the county clerk of court office where the property is located.

How Do I Prepare the Transfer on Death Deed?Fill out all general required information about your identity and address.Name your beneficiary or beneficiaries.Sign and date the transfer on death deed before a notary public.Have the notarized deed recorded with your county clerk's office.

How to create a Transfer on Death for your homeChoose your recipients. You can choose one or more people to become owner of any home or land that you own.Find a copy of your deed.Complete the TOD for real estate form.Take the form to a notary .Submit the form at your County Recorder's Office.

Typically, you need the property ownership document and the Will, or the Will with probate or succession certificate. In the absence of a Will, you may also need to prepare an affidavit along with a no-objection certificate from other legal heirs or their successors.

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Using Deed Forms or WillMaker to Make Your Own TOD Deed. Sometimes you can create a valid TOD deed yourself.Information of Person Signing Affidavit: Enter your first, middle (if any), and last name. Name the person(s) or entity(ies) who will receive the described property on your death. At my death, I transfer my interest in the described property to the beneficiaries as designated above. Before my death, I have the right to revoke this deed. A designated beneficiary or any other person can complete an affidavit certifying the death of the owner. A transfer on death deed allows you to select a beneficiary who will receive your property, but only when you've passed away. This form must be recorded before your death, or it will not be effective. If a TOD beneficiary is designated under state law (sec. 705.

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Transfer On Death Designation Affidavit Form