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OK SB2270

Bill

Status

Passed

5/5/2010

Primary Sponsor

Daniel Sullivan

Click for details

Origin

Senate

2010 Regular Session

AI Summary

  • Amends Section 1252 of the Nontestamentary Transfer of Property Act to require designated grantee beneficiaries to execute a notarized affidavit to accept real estate transferred under a transfer-on-death deed

  • Affidavit must verify the record owner's death, state whether the owner and beneficiary were married at the time of death, and include a legal description of the real estate

  • Non-spouse beneficiaries must attach a copy of the record owner's death certificate and an estate tax release to the affidavit

  • Beneficiary must record the affidavit and related documents with the county clerk's office where the real estate is located

  • Effective date: November 1, 2010

Legislative Description

Probate procedure; providing procedures for transfer-on-death deed. Effective date.

Civil and Criminal Procedure and Courts

Last Action

Approved by Governor 05/04/2010

5/5/2010

Committee Referrals

Judiciary2/15/2010
Rules2/2/2010

Full Bill Text

No bill text available