Oklahoma authorizes transfer on death deeds for real property

Starting November 1, 2008, real property in Oklahoma may be held in transfer on death form under the recently enacted Nontestamentary Transfer of Property Act.  2008 Okla. Sess. Law Serv. Ch. 78.

Oklahoma joins the approximately nine other states (Arizona, Arkansas, Colorado, Kansas, Missouri, Nevada, New Mexico, Ohio, and Wisconsin) in authorizing this technique.

For a discussion of the pros and cons of using transfer on death deeds, see Michael A. Kirtland & Catherine Anne Seal, The Significance of the Transfer-on-Death , Prob. & Prop, July/Aug. 2007.Deed