On January 1, 2012, the Illinois Residential Real Property Transfer on Death Instrument Act (755 ILCS 27) went into effect. With it, owners of residential real property in Illinois have a new choice for non-probate asset allocation—the transfer on death instrument (TODI).
Continue reading “Illinois Transfer on Death Instrument for Real Estate”Understanding the Utah Water Rights Addendum
A person submitting a deed for recordation to a county recorder’s office in Utah is required to also submit an attached Water Rights Addendum, as of July 1, 2011. This becomes part of the deed and is recorded along with it. The form for this is provided by the Utah Division of Water Rights (which is often referred to as the State Engineer’s Office). Deeds and other instruments affecting the title to water rights should be recorded with the county recorder in the county where the water is diverted. In the case of the water being used in a different county, the deed and attached addendum should also be recorded in that county.
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