Transfer-on-Death Deed is a real estate term you will encounter when buying, selling, or financing a home in Ventura County. This page gives you a plain-English definition and explains why it matters.
What it means
A transfer-on-death (TOD) deed, also called a revocable transfer on death deed in California, lets a homeowner name a beneficiary who will receive the property automatically at the owner's death, without probate. The owner keeps full control during life and can revoke it. California's TOD deed law has specific requirements and has been subject to legislative changes.
Why it matters in Ventura County
A TOD deed can be a simple tool for some Ventura County homeowners who want to pass a home to a beneficiary outside of probate. Because the rules and forms are specific and have changed over time, Brian strongly recommends confirming current requirements with an estate planning attorney.
Frequently Asked Questions
What is a transfer-on-death deed?
A California deed that names a beneficiary to receive your property at death, avoiding probate, while you keep control during life.
Can a transfer-on-death deed be revoked?
Yes. The owner can revoke or change it during their lifetime following the legal requirements.
Should I use a TOD deed or a trust?
It depends on your situation. A trust offers broader control; a TOD deed is simpler but narrower. Consult an estate planning attorney.
