Section 13.48.080. Effect of transfer on death deed during transferor's life.  


Latest version.
  • During a transferor's life, a transfer on death deed does not
            (1) affect an interest or right of the transferor or any other owner, including the right to transfer or encumber the property;
            (2) affect an interest or right of a transferee, even if the transferee has actual or constructive notice of the deed;
            (3) affect an interest or right of a secured or unsecured creditor or future creditor of the transferor, even if the creditor has actual or constructive notice of the deed;
            (4) affect the transferor's or designated beneficiary's eligibility for any form of public assistance;
            (5) create a legal or equitable interest in favor of the designated beneficiary; or
            (6) subject the property to claims or process of a creditor of the designated beneficiary.

Notes


History

(Sec. 2 ch 10 SLA 2014)