Define Fillable Fields In Legal Washington Contract For Deed Forms For Free

The Transfer on Death Deed (?TODD?) is a great alternative to transfer Washington State Real Estate and avoid probate. It works equally as well for any Washington State property owner, whether a U.S. Citizen, U.S. Tax Resident, or Canadian Non-U.S. Resident.

In 2014, the Washington State Legislature enacted the Uniform Real Property Transfer on Death Act (RCW 64.80). Recording requires you to pay $215.50 per recorded deed (plus postage for delivery and return to you) and wait months for the original (you can't print out a copy) to be recorded by mail.

In Washington, the requirements for a Quitclaim deed are simple: it must be in writing, contain a legal description of the property, be signed by the grantor, and the grantor's signature must be notarized.

A Washington deed is used to transfer the ownership of property from a grantor, or ?seller,? to a grantee, or ?buyer,? in the State of Washington. This form is usually completed after a purchase and sale agreement has been authorized and a deed transfers the actual property.

One of the most effective ways to avoid probate is to establish a living trust. Property is transferred to the trust, and these assets are overseen by a trustee who is charged with managing the trust for the benefit of the designated beneficiaries.

On the death of the owner, the property transfers automatically to the beneficiary or beneficiaries without the need for probate. The beneficiaries take title subject to any mortgages or other claims against the property. The beneficiary inherits whatever interest the owner had in the property at the time of death.