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CA AB1739

Bill

Status

Passed

7/9/2018

Primary Sponsor

Edwin Chau

Click for details

Origin

State Assembly

2017-2018 Session

AI Summary

  • Exempts the "Common Questions" pages of statutory revocable transfer on death deed forms from the recordation requirement, though the deed itself must still be recorded within 60 days of execution.

  • Specifies that failure to record the "Common Questions" language does not affect the validity or effectiveness of a revocable transfer on death deed.

  • Applies the exemption to revocable transfer on death deeds executed on or after the effective date, and retroactively to deeds executed before the effective date if the transferor was still alive when the act took effect.

  • Takes effect immediately as an urgency statute to clarify ambiguities in existing law regarding transfers upon death.

Legislative Description

Nonprobate transfers: revocable transfer on death deeds.

Last Action

Chaptered by Secretary of State - Chapter 65, Statutes of 2018.

7/9/2018

Committee Referrals

Judiciary4/19/2018
Rules4/5/2018
Judiciary1/16/2018

Full Bill Text

No bill text available