Loading chat...
OK SB2270
Bill
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