Transfer on Death Deeds
HB147 – Substitute 1 “Transfer on Death Act”.
On June 30th, 2025, the Delaware State Senate unanimously passed HB147 – Substitute 1 the “Transfer on Death Act”. This act introduces non-probate transfer of real estate and gives real property owners the ability to designate individuals as beneficiaries upon the owner’s passing. Said beneficiary would have no legal interest in the property until the owner’s death. This act maintains the owner’s full control of the property during their lifetime, and they can sell, change, or revoke the deed at any time.
