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Missouri Revocation of Transfer on Death or TOD - Beneficiary Deed

State:
Missouri
Control #:
MO-032-77
Format:
Word; 
Rich Text
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Description

This form is a Revocation of Beneficiary or Transfer on Death Deed. This form must be recorded to be effective. This form complies with all state statutory laws.

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  • Preview Revocation of Transfer on Death or TOD - Beneficiary Deed
  • Preview Revocation of Transfer on Death or TOD - Beneficiary Deed
  • Preview Revocation of Transfer on Death or TOD - Beneficiary Deed
  • Preview Revocation of Transfer on Death or TOD - Beneficiary Deed

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FAQ

The Beneficiary Deed transfers an owner's interest in real estate to named beneficiaries upon the owner's death without need for the probate process. This saves the family both the time and money associated with the Probate Process.

The owner may revoke an Arizona Beneficiary Deed at any time by recording an appropriate revocation with the county recorder of the county in which the property is located.

Generally speaking, no. Once a quit claim deed has been completed and filed with the County Clerk's Office, the title will officially pass from the grantor to the grantee. The only way to reverse a quit claim deed is to go to court and prove that the grantor was forced to sign the document under duress.

A "Revocation of a Beneficiary Deed" is a document that revokes and cancels a beneficiary deed that is filed. This will void any distributions that are made on the beneficiary deed. A property owner may revoke the beneficiary deed anytime before his/her death.

(xi) Revocation Deed means a deed executed pursuant to clause 4.5 of the. Deed of Cross Guarantee by virtue of which the Deed of Cross Guarantee has ceased to apply to one or more of the entities which were previously party to the Deed of Cross Guarantee.

Beneficiary designations, Totten trusts or TOD designations and the right of survivorship all supersede any mention of associated property in a will.

There are three ways to revoke a recorded TOD deed: (1) Complete, have notarized, and RECORD a revocation form. (2) Create, have notarized, and RECORD a new TOD deed. (3) Sell or give away the property, or transfer it to a trust, before your death and RECORD the deed.

When you sign a deed transferring your interest in real property, you cannot reverse it simply because you regret your decision. Assuming you are on congenial terms with the person who was the grantee of your deed, he can sign a similar deed transferring the property interest back to you.

To accomplish this, the original grantor (or grantors) may record a signed, notarized notice of revocation with the same office that accepted the original beneficiary deed.

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Missouri Revocation of Transfer on Death or TOD - Beneficiary Deed