Public Act 102-0068, amending what is now known as the Real Property Transfer on Death Instrument Act, took effect on January 1, 2022. IRELA members have already sliced and diced the highlights of this legislation. But now the fun has begun: How will title companies insure title pursuant to a Transfer on Death Instrument? But just as important, how will title companies insure title around a TODI, when someone other than the beneficiary is taking title to the land? Dick Bales had put together comprehensive materials on both these subjects. He has also prepared materials on three other “advanced TODI Topics”: TODI Disclaimer, TODIs and Joint Ownership of Land, and Revoking a TODI.
Credits: 1.25 General, 0 Diversity/Inclusion PR, 0 MH/SA PR, 0 Other PR
Original Air Date: 3/9/2022
Richard F. Bales, Proper Title, LLC
Program Expires: 2/1/2024