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

HF 816 creates a legal mechanism in Iowa for property owners to transfer real estate automatically to named beneficiaries upon their death, using a "transfer on death deed" (TODD). This allows owners to bypass probate for the property while retaining full control during their lifetime (including the ability to sell or mortgage the property). The deed must be recorded before the owner's death, and the beneficiary must survive the owner to inherit; it does not affect existing creditors or joint ownership arrangements. The bill directly affects Iowa property owners seeking a simple, non-probate transfer method for real estate.