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A transfer on death (TOD) deed is like a regular deed you might use to transfer your North Dakota real estate, but with a crucial difference: It doesn't take effect until your death.
A North Dakota property owner may transfer or retitle real estate during the owner's life using a signed, written deed. A North Dakota deed must satisfy the legal requirements described below to be eligible for recording and to legally transfer title to the new owner.
47-19-19. The record of any instrument shall be notice of the contents of the instrument, as it appears of record, as to all persons.
A deed is the document that transfers ownership rights in real property to another person. There are two primary types of deed; a wrranty deed and a quit claim deed.
A North Dakota general warranty deed is a deed used to transfer property from one person to another in North Dakota. The person selling is called the grantor while the person buying is called the grantee.
A North Dakota quitclaim deed transfers the signer's interest in property with no warranty of title. A quitclaim deed passes to the new owner all of the current owner's rights in the property as of the date of the deed.
After-acquired title. When a person purports by proper instrument to convey real property in fee simple and subsequently acquires any title or claim of title to the real property, the real property passes by operation of law to the person to whom the property was conveyed or that person's successor.