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ND SB2117

Bill

Status

Prefiled

N/A

Primary Sponsor

Political Subdivisions Committee

Click for details

Origin

Senate

66th Legislative Assembly

AI Summary

  • Adds transfer on death deeds and revocation instruments authorized under chapter 30.1-32.1 to the list of exemptions from full consideration statement filing requirements with the county recorder.

  • Requires transfer on death deeds to contain essential elements and formalities of a properly recordable inter vivos deed, except as otherwise provided.

  • Requires transfer on death deeds to state that the transfer to the designated beneficiary occurs at the transferor's death.

  • Requires transfer on death deeds to use the phrase "transfer on death deed" or the abbreviation "TOD" in the deed title.

  • Requires transfer on death deeds to be recorded before the transferor's death in the county recorder's office where the property is located.

Legislative Description

Statements of full consideration being filed with the county recorder and transfer on death deed requirements.

Last Action

Committee Hearing 09:00

1/10/2019

Committee Referrals

Political Subdivisions1/10/2019

Full Bill Text

No bill text available