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Colorado conveyance of real property
Colorado conveyance of real property












colorado conveyance of real property

The joinder, signature, consent, agreement of, or notice to, the grantee-beneficiary is not required for the revocation to be effective.” A form of revocation is provided in the statute. 15-15-405: “An owner may revoke a beneficiary deed by executing an instrument that describes the real property affected, that revokes the deed, and that is recorded prior to the death of the owner in the office of the clerk and recorder in the county where the real property is located. Revocation of a beneficiary deed must comply with the statutory requirements of C.R.S. The only title requirement to transfer property upon the death of the grantor or grantors is the recording of death certificates for all grantors. If the grantor’s will provides for a certain distribution of assets held in the probate estate, and she decides that one or more parcels of real estate should be transferred differently, she can employ a beneficiary deed to remove that property from the probate estate and from the directions set forth in her will. A beneficiary deed is generally used for avoidance of probate, although it may be used to remove a particular property from a probate estate. It can only be used by an individual – trusts cannot grant valid beneficiary deeds (Fischbach v. A beneficiary deed is a conveyance of an interest in real property which is revocable, and which becomes effective upon the death of the grantor, or, if there are multiple grantors, upon the death of the last surviving grantor. Beneficiary deed forms are set forth in C.R.S. of the Colorado Revised Statutes authorize the execution and recording of “beneficiary deeds” in Colorado. What is a Beneficiary Deed and When Should It Be Used?














Colorado conveyance of real property