Real Property - As introduced, enacts the "Uniform Real Property Transfer on Death Act." - Amends TCA Title 8; Title 30; Title 31; Title 32; Title 35; Title 55; Title 66 and Title 67.

SB 984 enacts Tennessee's version of the "Uniform Real Property Transfer on Death Act," allowing property owners to transfer real estate to named beneficiaries automatically upon their death without probate. The bill creates a legal mechanism for a "transfer on death deed," which must be recorded before the owner's death and specifies the beneficiary, with the transfer taking effect only after the owner's passing. Property owners retain full control during their lifetime, can revoke the deed anytime before death by recording a new instrument, and the transfer does not affect creditors or the owner's rights to the property. This directly affects Tennessee residents who own real estate and wish to simplify estate transfers outside of court proceedings.