The term is commonly used in real estate transactions when buyers and sellers transfer ownership ... Different forms of real estate deeds are used to make sure each party fulfills the conditions ...

When the trust owner dies, the trustee can transfer property out of the trust by using a quitclaim or grant deed transferring ...

a transfer on death (TOD) deed may be the answer. Because a TOD deed, also known as a beneficiary deed, bypasses probate, it can simplify the inheritance process and reduce costs for your loved ones.