Bill > HB2124

This bill, titled the Uniform Real Property Transfer on Death Act, amends Pennsylvania law to allow individuals to transfer real property to designated beneficiaries upon their death without going through the probate process. A "transfer on death deed" is a legal document that allows an owner, or "transferor," to name a "beneficiary" who will inherit the property after the transferor's death. This deed is revocable, meaning the transferor can change their mind and cancel it at any time before their death, and it does not affect the transferor's ownership rights or ability to sell or mortgage the property during their lifetime. The deed must be properly recorded in the county where the property is located before the transferor's death to be valid. The bill also outlines rules for situations like a beneficiary predeceasing the transferor, divorce, simultaneous death, and claims from creditors, and clarifies that such transfers are exempt from state and local realty transfer taxes. It provides optional forms for both the transfer on death deed and its revocation, and includes warnings about inheritance taxes and Medicaid Estate Recovery. Importantly, this new method of transfer does not replace existing legal ways to transfer property.

Justice

https://www.palegis.us/legislation/bills/2025/hb2124