Bill > HB1793

This bill enacts the "Tennessee Uniform Real Property Transfer on Death Act," which allows individuals to designate beneficiaries to receive their real property upon their death through a "transfer on death deed," a legal document that is revocable and does not require probate. This deed must be properly recorded before the owner's death and has the same capacity requirements as making a will, but it does not affect the owner's ability to transfer or encumber the property during their lifetime. The bill also extends this concept to motor vehicles, allowing owners to designate a beneficiary on the certificate of title for transfer upon death, and clarifies that these transfers are generally subject to existing liens and claims against the property at the time of the owner's death, with provisions for creditors to pursue liabilities against the transferred property or beneficiary within a specific timeframe.

Justice

https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB1793&ga=114