Utah § 75-6-412 Effect of transfer on death deed during transferor's life.

Utah Statutes

§ 75-6-412 — Effect of transfer on death deed during transferor's life.

Utah·Title 75 Utah Uniform Probate Code·Ch. 75-6 Nonprobate Transfers·Part 75-6-4 Uniform Real Property Transfer on Death Act

During a transferor's life, a transfer on death deed does not:

(1)affect an interest or right of the transferor or any other owner, including the right to transfer or encumber the property;

(2)affect an interest or right of a transferee, even if the transferee has actual or constructive notice of the deed;

(3)affect an interest or right of the transferor's secured or unsecured creditors or future creditors, even if they have actual or constructive notice of the deed;

(4)affect the transferor's or designated beneficiary's eligibility for any form of public assistance;

(5)create a legal or equitable interest in favor of the designated beneficiary; or

(6)subject the property to claims or process of the designated beneficiary's creditors.

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During a transferor's life, a transfer on death deed does not:
(1) affect an interest or right of the transferor or any other owner, including the right to transfer or encumber the property;
(2) affect an interest or right of a transferee, even if the transferee has actual or constructive notice of the deed;
(3) affect an interest or right of the transferor's secured or unsecured creditors or future creditors, even if they have actual or constructive notice of the deed;
(4) affect the transferor's or designated beneficiary's eligibility for any form of public assistance;
(5) create a legal or equitable interest in favor of the designated beneficiary; or
(6) subject the property to claims or process of the designated beneficiary's creditors.

Utah § 75-6-412 (Effect of transfer on death deed during transferor's life.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.