[WSBAPT] Transfer on Death Deed

[John McCrady]

The TOD deed has no effect until the death of the grantor, and the TOD deed is fully revocable, so we treat the sales conveyance as a revocation of the TOD deed and no further revocation is necessary.
At least that is my take!

John McCrady
Counsel
Puget Sound Title Company
5350 Orchard Street West
University Place WA 98467
253-476-5721
j.mccrady at pstitle.com<mailto:j.mccrady at pstitle.com>
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From: wsbapt-bounces at lists.wsbarppt.com [mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of Marcus Fry
Sent: Thursday, October 29, 2020 6:35 PM
To: WSBA Probate & Trust Listserv (wsbapt at lists.wsbarppt.com) <wsbapt at lists.wsbarppt.com>
Subject: [WSBAPT] Transfer on Death Deed

All (specifically John McCrady:) and other title insurance gurus):
If a person does a transfer on death deed (TODD) and then sells their home, does the person have to record another document revoking the deed?  As I read the statute, I don't think that is necessary because the sale of the home would revoke the deed, but I am wondering if title companies are requiring something else.  In other words, will the person incur doc prep and recording fees to have to revoke the TODD to sell their home?

Thank you,

Marcus J. Fry
Lyon, Weigand & Gustafson, P.S.
P.O. Box 1689
Yakima, Washington  98907
Telephone:  (509) 248-7220
Facsimile:  (509) 575-1883

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