Revocable Transfer on Death Deed.pdf

RECORDING REQUESTED BY

AND WHEN RECORDED MAIL DOCUMENT AND

TAX STATEMENT TO:

NAME

STREET

ADDRESS

CITY, STATE &

ZIP CODE

TITLE ORDER NO. ESCROW NO. SPACE ABOVE THIS LINE FOR RECORDER’S USE ONLY

REVOCABLE TRANSFER ON DEATH (TOD) DEED

(California Probate Code Section 5642)

ASSESSOR’S PARCEL NUMBER:

This document is exempt from documentary transfer tax under Revenue & Taxation Code 11930.

This

document is exempt from preliminary change of

ownership report under Revenue & Taxation Code 480.3.

IMPORTANT NOTICE: THIS DEED MUST BE RECORDED ON OR BEFORE 60 DAYS AFTER THE DATE IT IS NOTARIZED.

Use this deed to transfer the residential property described below directly to your named beneficiaries when you die. YOU SHOULD CAREFULLY

READ ALL OF THE INFORMATION ON THE OTHER PAGES OF THIS FORM. You may wish to consult an attorney before using this deed. It may

have results that you do not want. Provide only the information asked for in the form. DO NOT INSERT ANY OTHER INFORMATION OR

INSTRUCTIONS. This form MUST be RECORDED on or before 60 days after the date it is notarized or it will not be effective.

PROPERTY DESCRIPTION Print the legal description of the residential property affected by this deed:

BENEFICIARY(IES) Name the person(s) or entity(ies) who will receive the described property on your death. IF YOU ARE NAMING A PERSON, state

the person's FULL NAME (DO NOT use general terms like “my children”). You may also wish to state the RELATIONSHIP that the person has to you

(spouse, son, daughter, friend, etc.), but this is not required. IF YOU ARE NAMING A TRUST, state the full name of the trust, the name of the

trustee(s), and the date shown on the signature page of the trust. IF YOU ARE NAMING A PRIVATE OR PUBLIC ENTITY, state the name of the

entity as precisely as you can.

TRANSFER ON DEATH

I transfer all of my interest in the described property to the named beneficiary(ies) on my death. I may revoke this deed. When recorded, this deed

revokes any TOD deed that I made before signing this deed. Sign and print your name below (your name should exactly match the name shown on

your title documents) NOTE: This deed only transfers MY ownership share of the property. The deed does NOT transfer the share of any co-owner of

the property. Any co-owner who wants to name a TOD beneficiary must execute and RECORD a SEPARATE deed.

_________________________________________________

Signature of Grantor

Date

Typed or Printed Name of Grantor

STATE OF _________________________________

COUNTY OF _______________________________

On ___________________________________ before me, ,

(Date) (Name and title of the officer)

personally appeared , who proved to me on the basis of

(Name of person signing)

satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me

that they executed the same in their authorized capacity(ies), and that by their signature(s) on the instrument the person(s), or the entity upon

behalf of which the person(s) acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.

WITNESS my hand and official seal.

Signature ________________________________________________

(Seal)

A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to

which this certificate is attached, and not the truthfulness, accura

cy, or validity of that document.

WITNESSES To be valid, this deed must be signed by two persons, both present at the same time, who witness your signing of the deed or your

acknowledgment that is your deed. The signatures of the witnesses do not need to be acknowledged by a notary public.

Signature Witness #1

Signature Witness #2

_________________________________________________

Printed Name Witness #1

Printed Name Witness #2

___________________________________

Rev 1/1/2022

COMMON QUESTIONS ABOUT THE USE OF THIS FORM

WHAT DOES THE TOD DEED DO? When you die, the identified property will transfer to your named

beneficiary without probate. The TOD deed has no effect until you die. You can revoke it at any time.

CAN I USE THIS DEED TO TRANSFER NONRESIDENTIAL PROPERTY? No. This deed can only be used to

transfer residential property. Also, the deed cannot be used to transfer a unit in a stock cooperative or a

parcel of agricultural land that is over 40 acres in size.

AN I USE THIS DEED TO TRANSFER A MOBILEHOME? The deed can only be used to transfer a

mobilehome if it is a “fixture” or improvement under Section 18551 of the Health and Safety Code. If you

are unsure whether your mobilehome is a fixture, you may wish to consult an attorney. An error on this

point could cause the transfer of your mobilehome to fail.

HOW DO I USE THE TOD DEED? Complete this form. Have it signed by two persons who are both present

at the same time and who witness you either signing the form or acknowledging the form. Then NOTARIZE

your signature (witness signatures do not need to be notarized). RECORD the form in the county where the

property is located. The form MUST be recorded on or before 60 days after the date you notarize it or the

deed has no effect.

F I AM UNABLE TO SIGN THE DEED, MAY I ASK SOMEONE ELSE TO SIGN MY NAME FOR ME? Yes.

However, if the person who signs for you would benefit from the transfer of your property, there is a

chance that the transfer under this deed will fail. You may wish to consult an attorney before taking that

step.

AN A PERSON WHO SIGNS THE DEED AS A WITNESS ALSO BE A BENEFICIARY? Yes, but this can cause

serious legal problems, including the possible invalidation of the deed. You should avoid using a

beneficiary as a witness.

IS THE “LEGAL DESCRIPTION” OF THE PROPERTY NECESSARY? Yes.

HOW DO I FIND THE “LEGAL DESCRIPTION” OF THE PROPERTY? This information may be on the deed

you received when you became an owner of the property. This information may also be available in the

office of the county recorder for the county where the property is located. If you are not absolutely sure,

consult an attorney.

HOW DO I “RECORD” THE FORM? Take the completed and notarized form to the county recorder for the

county in which the property is located. Follow the instructions given by the county recorder to make the

form part of the official property records.

WHAT IF I SHARE OWNERSHIP OF THE PROPERTY? This form only transfers YOUR share of the

property. If a co-owner also wants to name a TOD beneficiary, that co-owner must complete and RECORD a

separate form.

CAN I REVOKE THE TOD DEED IF I CHANGE MY MIND? Yes. You may revoke the TOD deed at any time.

No one, including your beneficiary, can prevent you from revoking the deed.

HOW DO I REVOKE THE TOD DEED? There are three ways to revoke a recorded TOD deed: (1) Complete,

have witnessed and notarized, and RECORD a revocation form. (2) Create, have witnessed and 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. A TOD deed can only affect property that you own when you die. A TOD deed

cannot be revoked by will.

IF I SELL OR GIVE AWAY THE PROPERTY DESCRIBED IN A TOD DEED, WHAT HAPPENS WHEN I DIE?

If the deed or other document used to transfer your property is RECORDED within 120 days after the TOD

deed would otherwise operate, the TOD deed will have no effect. If the transfer document is not

RECORDED within that time period, the TOD deed will take effect.

I AM BEING PRESSURED TO COMPLETE THIS FORM. WHAT SHOULD I DO? Do NOT complete this form

unless you freely choose to do so. If you are being pressured to dispose of your property in a way that you

do not want, you may want to alert a family member, friend, the district attorney, or a senior service

agency.

DO I NEED TO TELL MY BENEFICIARY ABOUT THE TOD DEED? No. But secrecy can cause later

complications and might make it easier for others to commit fraud.

WHAT DOES MY BENEFICIARY NEED TO DO WHEN I DIE? Your beneficiary must do all of the following:

(1) RECORD evidence of your death (Prob. Code § 210). (2) File a change in ownership notice (Rev. & Tax.

Code § 480). (3) Provide notice to your heirs that includes a copy of this deed and your death certificate

(Prob. Code § 5681). Determining who is an “heir” can be complicated. Your beneficiary should consider

seeking professional advice to make that determination. (4) RECORD an affidavit affirming that notice was

sent to your heirs (Prob. Code § 5682(c)). (5) If you received Medi-Cal benefits, your beneficiary must

notify the State Department of Health Care Services of your death and provide a copy of your death

certificate (Prob. Code § 215). Your beneficiary may wish to consult a professional for assistance with

these requirements.

WHAT IF I NAME MORE THAN ONE BENEFICIARY? Your beneficiaries will become co-owners in equal

shares as tenants in common. If you want a different result, you should not use this form.

HOW DO I NAME BENEFICIARIES? (1) If the beneficiary is a person, you MUST state the person’s FULL

name. You MAY NOT use general terms to describe beneficiaries, such as “my children.” You may also

briefly state that person’s relationship to you (for example, my spouse, my son, my daughter, my friend,

etc.), but this is not required. (2) If the beneficiary is a trust, you MUST name the trust, name the trustee(s),

and state the date shown on the trust’s signature page. (3) If the beneficiary is a public or private entity,

name the entity as precisely as you can.

WHAT IF A BENEFICIARY DIES BEFORE I DO? If all beneficiaries die before you, the TOD deed has no

effect. If a beneficiary dies before you, but other beneficiaries survive you, the share of the deceased

beneficiary will be divided equally between the surviving beneficiaries. If that is not the result you want,

you should not use the TOD deed.

WHAT IS THE EFFECT OF A TOD DEED ON PROPERTY THAT I OWN AS JOINT TENANCY OR

COMMUNITY PROPERTY WITH RIGHT OF SURVIVORSHIP? If you are the first joint tenant or spouse to

die, the deed is VOID and has no effect. The property transfers to your joint tenant or surviving spouse and

not according to this deed. If you are the last joint tenant or spouse to die, the deed takes effect and

controls the ownership of your property when you die. If you do not want these results, do not use this

form. The deed does NOT transfer the share of a co-owner of the property. Any co-owner who wants to

name a TOD beneficiary must complete and RECORD a SEPARATE deed.

CAN I ADD OTHER CONDITIONS ON THE FORM? No. If you do, your beneficiary may need to go to court

to clear title.

IS PROPERTY TRANSFERRED BY THE TOD DEED SUBJECT TO MY DEBTS? Yes.

DOES THE TOD DEED HELP ME TO AVOID GIFT AND ESTATE TAXES? No.

HOW DOES THE TOD DEED AFFECT PROPERTY TAXES? The TOD deed has no effect on your property

taxes until your death. At that time, property tax law applies as it would to any other change of ownership.

DOES THE TOD DEED AFFECT MY ELIGIBILITY FOR MEDI-CAL? No.