Alaska Statutes: AS 13.48.130. Optional Form of Revocation.

Alaska Statutes. Title 13. Decedents' Estates, Guardianships, Transfers, and Trusts. Chapter 48. Uniform Real Property Transfer on Death Act Section 130. Optional Form of Revocation.

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AS 13.48.130. Optional Form of Revocation.

The following form may be used to create an instrument of revocation under this chapter. The provisions of this chapter govern the effect of this or any other instrument used to revoke a transfer on death deed.

(front of form)

REVOCATION OF TRANSFER ON DEATH DEEDNOTICE TO OWNER

This revocation must be recorded before you die or it will not be effective. This revocation is effective only as to the interests in the property of owners who sign this revocation

IDENTIFYING INFORMATION

Owner or Owners Making This revocation:

____________________________________Printed name

____________________________________Mailing address, if available

____________________________________Marital status

____________________________________Printed name

____________________________________Mailing address, if available

____________________________________Marital status

Legal description of the property:____________________________

_________________________________________________________

REVOCATION

I revoke all my previous transfers of this property by transfer on death deed

SIGNATURE OF OWNER OR OWNERS MAKING THIS REVOCATION

_______________________________________Signature Date_______________________________________

ACKNOWLEDGMENT

State of _______________________

Judicial District (or County of _______________________ or Municipality of _______________________)

The foregoing instrument was acknowledged before me this ____________________(date)

by ________________________________________________(name of person who acknowledged).

Signature of Person Taking Acknowledgment

____________________________________

Title or Rank ____________________________________

Serial Number, if any__________________________________

(back of form)

COMMON QUESTIONS ABOUT THE USE OF THIS FORM

How do I use this form to revoke a Transfer on Death (TOD) deed?

Complete this form. Have it acknowledged before a notary public or other individual authorized to take acknowledgments. Record the form in the public records in the office of the recorder in each recording district where the property is located. The form must be acknowledged and recorded before your death or it has no effect.

How do I find the “legal description” of the property?

This information may be on the TOD deed. It may also be available in the office of the recorder in the recording district where the property is located. If you are not absolutely sure, consult a lawyer.

How do I “record” the form?

Take the completed and acknowledged form to the office of the recorder in the recording district where the property is located. Follow the instructions given by the recorder to make the form part of the official property records. If the property is located in more than one recording district, you should record the form in each of those recording districts.

I am being pressured to complete this form. What should I do?

Do not complete this form under pressure. Seek help from a trusted family member, friend, or lawyer.

Do I need to tell the beneficiaries about the TOD deed?

No, but it is recommended. Secrecy can cause later complications and might make it easier for others to commit fraud.

I have other questions about this form. What should I do?

This form is designed to fit some but not all situations. If you have other questions, you are encouraged to consult a lawyer.

This version of the Alaska Statutes is current through December, 2022. The Alaska Statutes were automatically converted to HTML from a plain text format. Every effort has been made to ensure their accuracy, but this can not be guaranteed. If it is critical that the precise terms of the Alaska Statutes be known, it is recommended that more formal sources be consulted. For statutes adopted after the effective date of these statutes, see, Alaska State Legislature If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful.