North Dakota Code 30.1-32.1-07 – Notice, delivery, acceptance, and consideration not required
Current as of: 2023 | Check for updates
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A transfer on death deed is effective without notice or delivery to or acceptance by the designated beneficiary during the transferor’s life or without consideration.
Terms Used In North Dakota Code 30.1-32.1-07
- 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.