[ 527‑10] Notice, delivery, acceptance, consideration not required. A transfer on death deed shall be effective without notice or delivery to or acceptance by the designated beneficiary during the transferor‘s life, and without consideration.
Terms Used In Hawaii Revised Statutes 527-10
- Beneficiary: means a person that receives property under a transfer on death deed. See Hawaii Revised Statutes 527-2
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Transferor: means an individual who executes a transfer on death deed. See Hawaii Revised Statutes 527-2