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Preview - Florida Transfer-on-Death Deed Form
Florida Transfer-on-Death Deed Template
This Transfer-on-Death Deed is executed pursuant to the Florida Statutes Section 732.92, allowing the transfer of real property upon the death of the owner.
1. Grantor Information:
- Name of Grantor: ________________________________________
- City, State, Zip Code: _____________________________________
2. Grantee Information:
- Name of Grantee: ________________________________________
- Address of Grantee: ______________________________________
- City, State, Zip Code: _____________________________________
3. Description of Property:
- Legal Description: _________________________________________
- Tax Parcel Identification Number: __________________________
- Physical Address of Property: ______________________________
4. Effective Date: This deed shall take effect upon the death of the Grantor.
5. Declaration:
I, the undersigned Grantor, hereby declare my intention to create a Transfer-on-Death Deed by signing this document. I understand that I may revoke this deed at any time during my lifetime.
6. Signatures:
Grantor Signature: ___________________________ Date: ____________
Notary Public Signature: _____________________ Date: ____________
My Commission Expires: ______________________
Create Other Common Transfer-on-Death Deed Forms for Different States
Tod in California - A beneficiary can take possession of the property directly, with minimal hassle once the Transfer-on-Death Deed is in effect.
Where Can I Get a Tod Form - Property owners can utilize this deed to create flexibility in how their property is managed after death.
Texas Life Estate Deed Form - Not all states recognize Transfer-on-Death Deeds, so it's crucial to check the laws in your jurisdiction.
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Transfer on Death Instrument - This tool is especially useful for individuals wanting to minimize disputes among family members over inheritance.
Similar forms
- Will: A will specifies how a person’s assets should be distributed after their death. Like a Transfer-on-Death Deed, it allows for the transfer of property but requires probate, which can be a lengthy process.
- Residential Lease Agreement: The Ohio Residential Lease Agreement is essential for outlining landlord-tenant terms in Ohio, ensuring clarity and protecting rights. For more information, visit https://pdftemplates.info/ohio-residential-lease-agreement-form.
- Living Trust: A living trust holds assets during a person's lifetime and specifies their distribution after death. Similar to a Transfer-on-Death Deed, it bypasses probate, allowing for quicker distribution of assets.
- Joint Tenancy: In joint tenancy, two or more people own property together, with rights of survivorship. This means that when one owner dies, their share automatically goes to the surviving owner, much like a Transfer-on-Death Deed.
- Payable-on-Death (POD) Accounts: These bank accounts allow the account holder to designate a beneficiary who will receive the funds upon the holder's death. Similar to a Transfer-on-Death Deed, it enables a direct transfer without probate.
- Transfer-on-Death (TOD) Securities: These securities allow for the transfer of stock or bonds to a designated beneficiary upon death, similar to how a Transfer-on-Death Deed transfers real property.
- Life Insurance Beneficiary Designation: When a person names a beneficiary on a life insurance policy, the proceeds go directly to that person upon death. This is akin to the direct transfer mechanism of a Transfer-on-Death Deed.
- Retirement Accounts with Beneficiary Designations: Accounts like IRAs and 401(k)s allow individuals to name beneficiaries who will receive the funds upon their death. This process mirrors the straightforward transfer seen in a Transfer-on-Death Deed.
- Community Property with Right of Survivorship: In some states, spouses can hold property as community property with a right of survivorship. This means the surviving spouse automatically receives the property, similar to the function of a Transfer-on-Death Deed.
- Beneficiary Deeds: These deeds allow property owners to name beneficiaries who will inherit the property upon death. Like a Transfer-on-Death Deed, they avoid the probate process and facilitate a smooth transfer.