D.C. Code § 19-604.12

Current through codified legislation effective September 18, 2024
Section 19-604.12 - Effect of transfer on death deed during transferor's life

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.

D.C. Code § 19-604.12

Mar. 19, 2013, D.C. Law 19-230, § 2(b), 59 DCR 13606.