Current through Chapter 61 of the 2024 Legislative Session and 2024 Executive Orders 125, 133 through 135
Section 13.48.080 - Effect of transfer on death deed during transferor's lifeDuring 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.Added by SLA 2014, ch. 10,sec. 2, eff. 7/21/2014.