A transfer on death deed is effective without:

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Terms Used In West Virginia Code 36-12-10

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Deed: The legal instrument used to transfer title in real property from one person to another.

(1) Notice or delivery to or acceptance by the designated beneficiary during the transferor's life; or

(2) Consideration.