Use Beneficiary Deed For Arizona Real Estate Property Transfer Upon Death

by Christopher Combs Arizona Real Estate Attorney Parents purchased a home in Chandler for their daughter and her children. Both the title to the home and the mortgage loan are in the parents/homeowners names because the daughter is not financially savvy and do not want to transfer the home title to her now. However, other than this home, the parents/homeowners have few other assets and would like to make sure that the title of the home gets transferred to their daughter after they pass away.

The parents/homeowners should contact an Arizona real estate law attorney and execute and record a beneficiary deed transferring the home to their daughter after they both pass away. A.R.S. ? 33-405 authorizes the use of a beneficiary deed, and even provides the form for a beneficiary deed. The parents/homeowners should be able to complete this form, and then record the beneficiary deed with the Maricopa County Recorder's Office.

A.R.S. Section 33-405 also has a form for a revocation of a beneficiary deed. If the parents/homeowners change their mind about their daughter getting the home, they can complete and record this form. clgz05

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Created on Dec 31st 1969 18:00. Viewed 0 times.

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