Updated March 21, 2024
An Alaska transfer on death deed allows an owner of real property to designate a beneficiary that is able to take ownership of the property upon the grantor’s death without going through probate. The deed will not grant ownership of additional real or personal property.
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Requirements
- Notary: Required[1]
- Witnesses: Not required
- Recording: Before the owner’s death in the district where the property is located[2]
Legal Description
Legal descriptions of properties in Alaska are found on the property deed or can be obtained at the County Recorder’s office and include different reference points and measurements like metes, bounds, subdivisions, blocks and more. How the description is written varies on the location and the time in which it was written.
Example
“Lot 7, Block 8, Forest Glenn Subdivision, according to the plat recorded in the Office of the Recorder, Fairbanks Recording District, Fourteenth Judicial District, State of Alaska.”
Revocation
Transfer on death deeds can be revoked 3 ways in Alaska:
- Fill out and notarize a Revocation of Transfer on Death Deed (form P-151); or
- Complete and record a new transfer on death deed; or
- Transferring the property to another owner during the grantor’s lifetime.
How to Record
The original document should be recorded with the Alaska Recorder’s Office in the county where the property is located. Recording fees may vary in some counties.[3]
After recording, the beneficiary must be informed. The transferor must serve written notice on the beneficiary stating that the TODD has been executed, the legal description of the property, and the date of recording.