Kodiak Island Borough Transfer on Death Deed Forms (Alaska)
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Form Package
Transfer on Death Deed
State
Alaska
Area
Kodiak Island Borough
Price
$27.97
Delivery
Immediate Download
Payment Information
Included Forms
All Kodiak Island Borough specific forms and documents listed below are included in your immediate download package:
Transfer on Death Deed Form
Fill in the blank form formatted to comply with all recording and content requirements.
Included document last reviewed/updated 4/9/2024
Transfer on Death Deed Guide
Line by line guide explaining every blank on the Transfer on Death Deed form.
Included document last reviewed/updated 4/12/2024
Completed Example of the Transfer on Death Deed Document
Example of a properly completed form for reference.
Included document last reviewed/updated 3/21/2024
Included Supplemental Documents
The following Alaska and Kodiak Island Borough supplemental forms are included as a courtesy with your order.
Frequently Asked Questions:
How long does it take to get my forms?
Forms are available immediately after submitting payment.
What are supplemental forms?
Often when a deed is recorded, additional documents are required by Alaska or Kodiak Island Borough. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.
How do I get my forms, are they emailed?
Forms are NOT emailed to you. Immediately after you submit payment, the Kodiak Island Borough forms you order will be available for download directly from your account. You can then download the forms to your computer. If you do not already have an account, one will be created for you as part of the order process, and your login details will be sent to you. If you encounter any issues accessing your forms, please reach out to our support team for assistance.
What type of files are the forms?
All of our Kodiak Island Borough Transfer on Death Deed forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.
Can the Transfer on Death Deed forms be re-used?
Yes. You can re-use the forms for your personal use. For example, if you have more than one property in Kodiak Island Borough that you need to transfer you would only need to order our forms once for all of your properties in Kodiak Island Borough.
Are these forms guaranteed to be recordable in Kodiak Island Borough?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Kodiak Island Borough including margin requirements, content requirements, font and font size requirements.
Do I have to enter all of my property information online?
No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.
Can I save the completed form, email it to someone?
Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.
Do I need any special software to use these forms?
You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.
Are there any recurring fees involved?
No. Nothing to cancel, no memberships, no recurring fees.
Areas Covered by These Transfer on Death Deed Forms:
- Kodiak Island Borough
Including:
- Karluk
- Kodiak
- Larsen Bay
- Old Harbor
- Ouzinkie
- Port Lions
What is the Alaska Transfer on Death Deed
Real property owners in Alaska have an estate planning option: the transfer on death deed (TODD). Find the full text in AS 13.48.
This statute is based on the Uniform Real Property Transfer on Death Act (URPTODA). By adopting the provisions of the URPTODA, Alaska joins with an increasing number of states using this law to help real estate owners manage the distribution of what is often their most significant asset -- their real estate -- by executing and recording a transfer on death deed.
Transfer on death deeds are nontestamentary, which means ownership of the property passes to the beneficiary without including it in a will or a need for probate (AS 13.48.030). Still, best practices dictate that landholders should take care to ensure that their wills and TODDs contain the same directions.
Alaska's version of the URPTODA sets out the specific requirements for lawful transfer on death deeds:
- The capacity required to make or revoke a transfer on death deed is the same as the capacity required to make a will (AS 13.48.040).
- It must contain the essential elements and formalities of a properly recordable inter vivos deed, such as warranty or quitclaim deed (AS 13.48.050(1)).
- It must state that the transfer to the designated beneficiary is to occur at the transferor's death (AS 13.48.050(2)).
- It may not use a beneficiary designation that only identifies beneficiaries as members of a class or the deed is void. (AS 13.48.050(3)).
- It must be recorded before the transferor's death in the office of the clerk of the county commission in the county where the property is located (AS 13.48.050 (4)).
The named beneficiary gains no present rights to the property, only a potential future interest. Instead, the transferors retain absolute control during their lives. This includes the freedom to sell or transfer it to someone else, and to modify or revoke the intended transfer on death (AS 13.48.080). These details, along with the fact that TODDs only convey the property rights remaining, if any, at the owner's death, explain why they do not require notice or consideration (AS 13.48.060).
According to AS 13.48.090, the beneficiary gains equitable interest in the property ONLY when the owner dies. Note, however, that the beneficiary must be alive at the time of the transferor's death or the interest returns to the estate. To prevent this from happening, the owner may identify one or more contingent beneficiaries. All beneficiaries take title subject to any obligations (contracts, easements, etc.) associated with the property when the transferor dies (AS 13.48.090(b)).
If a beneficiary is unable or unwilling to accept the transfer when the owner dies, AS 13.48.100 includes the option to disclaim all or part of the interest as provided under AS 13.70 (Uniform Disclaimer of Property Interests Act).
With these new transfer on death deeds, real property owners in Alaska gained access to a convenient, flexible tool for managing one aspect of a comprehensive estate plan. Even so, a TODD may not be appropriate for everyone. Since each situation is unique, contact an attorney with specific questions or for complex circumstances.
Our Promise
The documents you receive here will meet, or exceed, the Kodiak Island Borough recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.
Save Time and Money
Get your Kodiak Island Borough Transfer on Death Deed form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.
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