Approved by the Governor - Chapter 750
Summary
The bill allows Maryland real‑property owners to record a transfer‑on‑death (TOD) deed that automatically conveys the property to a designated beneficiary at the owner’s death, bypassing probate. It adds procedures for creating, revoking, recording, and taxing these deeds, and expands the Uniform Disclaimer of Property Interests Act to cover non‑probate real‑property transfers. The law becomes effective on October 1, 2026 and applies retroactively to TOD deeds executed before that date when the owner dies on or after the effective date.
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