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Interpretations of AB 139: Transfer on Death Deeds (TOD)

On December 16, 2015, Posted by , In Articles, With No Comments

Property Qualifications: The Transfer on Death Deed transfers “Real Property” on the death of its owner without a probate proceeding under specified rules. The definitions section of the bill defines “Real Property” to mean any of the following (1) a parcel of property that contains one to four residential dwelling…