This form is a Revocable Transfer on Death Deed where the Grantor is an individual and the primary beneficiary is an individual. Form contains an optional provision for designating an alternative beneficiary in the event the Primary Beneficiary does not survive the Transferor. This transfer is revocable by Grantor until Grantor's death and effective only upon the death of the Grantor. This deed complies with all state statutory laws.
Transfer On Death Deed Form Virginia With Instructions
Category:
State:
Virginia
Control #:
VA-01-84
Format:
Word;
Rich Text
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How to fill out Virginia Revocable Transfer On Death Deed From Individual To Individual?
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FAQ
A deed of gift must be signed by all parties, notarized by a Virginia notary, and witnessed by two or more parties who have no ownership interest in the property. The deed must be submitted to the recorder's office in the county of Virginia where the property exists.
Transferring Real Estate After Death in Virginia After you pass away, title to any real estate you own solely in your own name ?drops like a rock? (as it is said in Virginia) to your heirs, testate or intestate, immediately.
How to Transfer Virginia Real Estate Locate the most recent deed to the property. ... Create the new deed. ... Sign and notarize the new deed. ... Record the deed in the land records of the clerk's office of the circuit court in the jurisdiction where the property is located.
In Virginia, an owner of real property can transfer their ownership interest to one or more beneficiaries, effective upon their death, through a Transfer on Death Deed (?TOD Deed?). TOD Deeds automatically transfer ownership of the subject property directly to the designated beneficiaries upon the owner's death.
You must sign the deed and get your signature notarized, and then record (file) the deed with the circuit court clerk's office before your death. Otherwise, it won't be valid.