Relating generally to transfer on death deed

SB 728 amends West Virginia law to clarify requirements for transfer on death deeds, which allow property owners to designate beneficiaries who automatically receive the property upon the owner's death. The bill requires these deeds to include standard deed elements, explicitly state the transfer occurs at death, meet capacity requirements, and be recorded before the owner's death. Crucially, it specifies that such deeds are exempt from real estate transfer excise tax at recording because no property interest transfers until the owner dies. This directly affects property owners using transfer on death deeds and their designated beneficiaries.