A bill for an act relating to creation of transfer on death deeds and to disclaimers of an interest in real property.

This Iowa bill creates a legal framework for "transfer on death deeds," allowing property owners to automatically transfer real estate (like homes or land) to chosen beneficiaries upon their death without probate. Property owners can name beneficiaries, record the deed before death, and revoke it anytime during their lifetime - no beneficiary acceptance or payment is required. The transfer takes effect only if the beneficiary survives the owner, and the property remains subject to existing mortgages or liens at the time of death. It directly affects Iowa property owners seeking to simplify inheritance for their heirs.