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Updated May 10, 2022. A Tennessee general warranty deed is a form that conveys real estate from a seller to a buyer and guarantees that the title is free and clear of all liens and encumbrances.

Tennessee Transfer-on-Death Deed Form Tennessee law does not recognize transfer-on-death (TOD) deeds. In states that authorize them, TOD deeds allow real estate to automatically transfer to a named beneficiary upon the current owner's death.

A Tennessee life estate deed form gives one individual (the life tenant) a lifetime interest in real estate and another person (the remainderman) the right to take title after the life tenant dies.

Leave a Life Estate: If you are concerned about a particular child having a place to live, you could bequeath the property to that child in a Life Estate. He or she would own an interest in the property during their lifetime, but the property would then pass to the beneficiaries you previously established in your will.

noun. property that may be held only for the extent of the holder's lifetime.

An affidavit of heirship is the simplest way of transferring real property after a person has passed away. When a person dies in Tennessee without a will, real estate immediately vests in the heirs of the decedent.

After the death of the life tenant (or earlier termination of the trust), the remaining capital of the trust fund can then be passed on to other individuals, known as the remaindermen, or a separate trust, as set out in the will.

Transfer-on-Death Deeds for Real Estate Tennessee does not allow real estate to be transferred with transfer-on-death deeds.

A Life Estate Is an “Interest in Property” An individual who holds a fee simple interest in property has the right to live on the property for his lifetime.

A: A life estate deed is an irrevocable transfer of your property to remainder beneficiaries (“remainderman”) while reserving the ownership and right of use of the property for your lifetime. This transfer avoids probate upon death while retaining ownership interest for your lifetime.