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Virginia Transfer on Death Form

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Virginia transfer on death deed is a legal document completed by a real estate owner during their lifetime to immediately transfer their property to a beneficiary when they pass away. This document allows a decedent’s title to be transferred without probate or a will, both of which would involve court administration and additional expenditure.

A transfer on death deed does not affect the owner’s right to convey the property to another party and can be revoked by the owner filing a revocatory instrument. Once the deed takes effect, the named beneficiary will inherit the property, subject to all outstanding encumbrances, debts, and obligations at the time of death.