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Preview - Pennsylvania Transfer-on-Death Deed Form

Pennsylvania Transfer-on-Death Deed Template

This Transfer-on-Death Deed is executed in accordance with the Pennsylvania Uniform Transfer-on-Death Act, 20 Pa.C.S. § 6111.1 et seq.

Grantor(s):

Name: ________________________________

Address: ________________________________

City, State, Zip: ________________________________

Grantee(s):

Name: ________________________________

Address: ________________________________

City, State, Zip: ________________________________

Property Description:

Address of Property: ________________________________

Legal Description: ________________________________

Transfer Terms:

  1. The Grantor hereby transfers to the Grantee the ownership of the above-described property upon the death of the Grantor.
  2. The Grantee shall complete the transfer by filing a death certificate with the appropriate county office.

Signatures:

By signing this deed, the Grantor affirms that they are executing this document voluntarily and that they understand its legal effect.

_______________________________

Signature of Grantor(s)

_______________________________

Date

Witnesses:

Signature: ________________________________

Name: ________________________________

Signature: ________________________________

Name: ________________________________

This deed must be recorded with the appropriate county recorder of deeds in Pennsylvania to be effective.

_______________________________

County Recorder of Deeds

_______________________________

Date

Similar forms

The Transfer-on-Death Deed (TODD) form is a unique legal document that allows individuals to transfer real estate to beneficiaries upon their death, avoiding probate. However, it shares similarities with several other documents. Below are eight documents that are comparable to the Transfer-on-Death Deed:

  • Will: A will outlines how a person's assets will be distributed after their death. Like a TODD, it designates beneficiaries but typically requires probate.
  • Living Trust: A living trust allows individuals to manage their assets during their lifetime and specify distribution after death. It avoids probate, similar to a TODD.
  • Beneficiary Designation Form: Commonly used for bank accounts and retirement plans, this form allows individuals to name beneficiaries who will receive assets directly upon death, bypassing probate.
  • RV Bill of Sale: To ensure a successful vehicle transaction, refer to our comprehensive RV Bill of Sale form guide for the necessary documentation and compliance requirements.
  • Joint Tenancy with Right of Survivorship: This form of property ownership allows co-owners to automatically inherit each other’s share upon death, similar to the TODD’s transfer mechanism.
  • Transfer-on-Death Registration for Securities: This document allows individuals to designate beneficiaries for stocks and bonds, ensuring a direct transfer upon death without probate.
  • Payable-on-Death (POD) Account: A POD account allows individuals to name beneficiaries who will receive funds directly upon their death, similar to the TODD's intent to transfer property.
  • Life Estate Deed: A life estate deed allows individuals to retain use of property during their lifetime while designating beneficiaries to receive the property after death, akin to the TODD.
  • Community Property with Right of Survivorship: This form of ownership is specific to married couples, allowing for automatic transfer of property to the surviving spouse, paralleling the TODD's function.

Each of these documents serves the purpose of transferring assets efficiently and directly, minimizing the complexities often associated with probate proceedings.