Colorado Transfer-on-Death (Beneficiary) Deed

Colorado Transfer-on-Death (Beneficiary) Deed

Use this form to avoid probate and retain ownership, responsibility, and control over your Colorado property while you're alive.  In the event of your death, ownership will automatically transfer to the beneficiary you name. This form takes you through all the steps, including:

  • writing a description of the property
  • checking over the completed deed
  • signing the deed and having it notarized

See below for a full product description.

Recording requested by:


and when recorded mail
this deed and tax statements to:

 


Beneficiary Deed

(Sections 15-15-401, et seq., Colorado Revised Statutes)

CAUTION: THIS DEED MUST BE RECORDED PRIOR TO THE DEATH OF THE GRANTOR IN ORDER TO BE EFFECTIVE. 

Alternate Selection: [number of owners]
Label Contract Text
one owner

, as grantor, designates , as grantee-beneficiary, whose address is . (Note to Assessor and Treasurer: This address is for identification purposes only; all notices and tax statements should continue to be sent to grantor.)

Multiple Selection: [successor beneficiary]
Label Contract Text
successor beneficiary

Or, if grantee-beneficiary fails to survive grantor, grantor designates  as successor grantee-beneficiary whose address is .

Grantor transfers, sells, and conveys on grantor's death to the grantee-beneficiary, the following described real property located in the County of , State of Colorado:

two owners

 and , as grantors, designate , as grantee-beneficiary, whose address is . (Note to Assessor and Treasurer: This address is for identification purposes only; all notices and tax statements should continue to be sent to grantor.)

Multiple Selection: [successor beneficiary two owners]
Label Contract Text
successor beneficiary two owners

Or, if grantee-beneficiary fails to survive grantors, grantors designate  as successor grantee-beneficiary whose address is .

Grantors transfer, sell, and convey on grantors' death to the grantee-beneficiary, the following described real property located in the County of , State of Colorado:

Known and numbered as 

THIS BENEFICIARY DEED IS REVOCABLE. IT DOES NOT TRANSFER ANY OWNERSHIP UNTIL THE DEATH OF THE GRANTOR. IT REVOKES ALL PRIOR BENEFICIARY DEEDS BY THIS GRANTOR FOR THIS REAL PROPERTY EVEN IF THIS BENEFICIARY DEED FAILS TO CONVEY ALL OF THE GRANTOR'S INTEREST IN THIS REAL PROPERTY.

WARNING: EXECUTION OF THIS BENEFICIARY DEED MAY DISQUALIFY THE GRANTOR FROM BEING DETERMINED ELIGIBLE FOR, OR FROM RECEIVING, MEDICAID UNDER TITLE 26, COLORADO REVISED STATUTES.

Keep Together

WARNING: EXECUTION OF THIS BENEFICIARY DEED MAY NOT AVOID PROBATE.

Executed this ____________________ (Date).

Unchangeable Alternate Selection: [signatures unchangeable]
Label Contract Text
one owner ______________________________

(Grantor)
two owners

______________________________

(Grantor)

______________________________

(Grantor)


Page Break

 

Acknowledgment of Notary Public

STATE OF _____________________________________

COUNTY OF ___________________________________

 

The foregoing instrument was acknowledged before me this day of _________________________, 20_______ by

______________________________________________________________________________.

 

Witness my hand and official seal.


______________________________________________
Notary Public, State of Colorado

 

My commission expires: ________________________

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