N.H. Rev. Stat. § 563-D:12

Current through Chapter 377 of the 2024 Legislative Session

Section 563-D:12 - Effect Of Transfer On Death Deed During Transferor's Life

During a transferor's life, a transfer on death deed does not:

I. Affect an interest or right of the transferor or any other owner, including the right to transfer or encumber the property;

II. Affect an interest or right of a transferee, even if the transferee has actual or constructive notice of the deed;

III. 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;

IV. Affect the transferor's or designated beneficiary's eligibility for any form of public assistance;

V. Create a legal or equitable interest in favor of the designated beneficiary; or

VI. Subject the property to claims or process of a creditor of the designated beneficiary.

RSA 563-D:12

Added by 2024, 1:1, eff. 7/1/2024.