Beneficiary deed definition

Beneficiary deed means a deed authorized under this section.
Sample 1Sample 2Sample 3
Beneficiary deed means a deed, subject to revocation by the owner, which conveys an interest in real property and which contains language that the conveyance is to be effective upon the death of the owner and which may be in substantially the form described in section 15-15-404.
Sample 1Sample 2Sample 3
Beneficiary deed. MEANS A DEED, SUBJECT TO REVOCATION
Sample 1Sample 2Sample 3

Examples of Beneficiary deed in a sentence

  • Beneficiary deed ownership.B. The ownership interest may be subject only to mortgages or other liens or instruments securing debt on the property or any other restrictions or encumbrances that do not impair the good and marketable nature of title to the ownership interest.

  • Signature (acknowledgment) (15) As used in this section, the following definitions apply: (a) "Beneficiary deed" means a deed authorized by this section.

  • Contingent benficiaries need not be low‐income.4. Beneficiary deed – If the owner qualifies as low‐income and occupies the property as his or her principal residence.

  • Beneficiary deed may be used to transfer an interest in real property to a trust estate even if the.

  • Special advisers are also covered by this Civil ServiceCode except, in recognition of their specific role, the requirements for objectivity and impartiality (paras 10-15 below).Scottish Executive’s Aim, Vision and Values and individual Agencies’ own separate mission and values statements are based on the core values, and include the standards of behaviour expected of you when you deal with your colleagues.


More Definitions of Beneficiary deed

Beneficiary deed means a deed authorized by this section.
Sample 1Sample 2Sample 3
Beneficiary deed means a deed authorized under
Sample 1Sample 2

Related to Beneficiary deed

  • Beneficiary means the person, persons, trust or trusts that have been designated by a Participant in his or her most recent written beneficiary designation filed with the Committee to receive the benefits specified under the Plan upon such Participant’s death or to which Awards or other rights are transferred if and to the extent permitted under Section 10(b) hereof. If, upon a Participant’s death, there is no designated Beneficiary or surviving designated Beneficiary, then the term Beneficiary means the person, persons, trust or trusts entitled by will or the laws of descent and distribution to receive such benefits.

  • Designated Beneficiary means the beneficiary or beneficiaries the Participant designates, in a manner the Administrator determines, to receive amounts due or exercise the Participant’s rights if the Participant dies or becomes incapacitated. Without a Participant’s effective designation, “Designated Beneficiary” will mean the Participant’s estate.

  • Qualified beneficiary means a beneficiary who, on the date the beneficiary's qualification is determined:

  • Surviving Spouse means the widow or widower, as the case may be, of a Deceased Participant or a Deceased Beneficiary (as applicable).