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At your death, the real estate goes automatically to the person you named to inherit it (your "beneficiary"), without the need for probate court proceedings.
Florida does not allow real estate to be transferred with transfer-on-death deeds. There is a type of deed available in Florida known as an enhanced life estate deed, or "Lady Bird" deed, that functions like a transfer-on-death deed.
In particular, Florida law does not provide for transfer on death deeds. Florida has not adopted the Uniform Real Property Transfer on Death Act, which would otherwise allow people to use a transfer on death deed for their property. However, a lady bird deed accomplishes the same thing as a TOD deed.
Yes, Oregon does have a transfer-on-death deed (also known as a TOD deed or a beneficiary deed) option that allows property owners to transfer ownership of their real property to one or more designated beneficiaries upon their death.
Yes, Oregon does have a transfer-on-death deed (also known as a TOD deed or a beneficiary deed) option that allows property owners to transfer ownership of their real property to one or more designated beneficiaries upon their death.