Property Ownership
What is a 'transfer on death deed' (TODD) in California?
AA deed that takes effect when the seller dies during escrow
BA revocable deed that allows a property owner to designate a beneficiary to inherit real property at death, without going through probate✓ Correct
CA deed used in estate sales
DA deed transferring property from an estate to heirs
Explanation
California enacted the Revocable Transfer on Death Deed (TODD) statute in 2016 (extended permanently in 2022). A TODD allows property owners to designate a beneficiary who receives the property at death without probate. The deed is revocable during the owner's lifetime.
Related California Property Ownership Questions
- A deed that conveys title with the grantor's guarantee of defending the title against all claims is a:
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- What are the four unities required for joint tenancy? (TTIP)
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