MD SB651

Establishes transfer-on-death (TOD) deeds in Maryland, allowing property owners to designate beneficiaries who will automatically receive real property upon the owner's death without going through probate

TOD deeds must be recorded in land records before the transferor's death to be effective, are revocable at any time, and do not affect the owner's rights to sell, mortgage, or otherwise transfer the property during their lifetime

Exempts TOD deeds for primary or secondary residences from state recordation tax, transfer tax, and county transfer taxes

Provides standardized forms for creating and revoking TOD deeds, including required notices and instructions for property owners

Takes effect October 1, 2026, and applies retroactively to TOD deeds made before that date if the transferor dies on or after the effective date