A Maine transfer on death deed allows a property owner to name a beneficiary who will receive ownership of the said property after the owner’s death. This arrangement is revocable, which means that the owner can modify or cancel the deed at any point. The owner will retain ownership and property rights right up until the moment they pass away. The deed allows a property owner to name a beneficiary to hold title after the owner’s death. To be valid, the deed must be executed by the owner, acknowledged by a notary public, and recorded with the registry of deeds.