Relating to: revoking a transfer of real property on death, obtaining evidence of the termination of a decedent’s property interests, disbursing deposits after rescission of real property wholesaler contracts, and filing satisfactions of judgment.

This Wisconsin bill (SB 193) clarifies how property owners can revoke a "transfer-on-death" (TOD) designation for real estate. It requires that any revocation must be done through a new recorded document (like a deed) signed by the owner and submitted to the county recorder before the owner dies, not after. The bill specifically states that a new TOD designation or removal of a beneficiary automatically revokes prior designations for the same property. This directly affects property owners who use TOD designations to transfer homes or land upon death, ensuring clear legal procedures for changing these designations.