HF 816: Relating to creation of transfer on death deeds and to disclaimers of an interest in real property

What it does

This bill provides that an individual may execute a transfer on death deed which transfers real property outside of probate to one or more beneficiaries effective at the transferor’s death. To be valid, a transfer on death deed must contain the essential elements and formalities of a properly recordable inter vivos deed, state that the transfer to the designated beneficiary is to occur at the transferor’s death, and be recorded before the transferor’s death in the office of the county recorder. A transfer on death deed is revocable, even if the deed states that the deed is irrevocable.

Lobbying · 2 for, 1 against

For: Greater Des Moines Habitat for Humanity; Habitat for Humanity of Iowa

Against: Iowa Funeral Directors Association

In plain words

1. March 6, 2025Filed in the House and sent to the Judiciary committee