Revocable Transfer on Death Deed
/ˌrɛvəˈkoʊəbl ˈtrænsfər ɑn dɛθ did/
Definitions
- (n.) A deed that allows a property owner to transfer title upon death while retaining the right to revoke it during their lifetime.
She executed a revocable transfer on death deed to ensure her house would pass directly to her children without probate.
Forms
- revocable transfer on death deed
- revocable transfer on death deeds
Related terms
See also
Commentary
This instrument combines the aspects of revocability with a transfer on death mechanism, offering a non-probate method of property transfer while preserving owner control prior to death.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.