Article 2. Definitions of California Probate Code >> Division 5. >> Part 4. >> Chapter 1. >> Article 2.
Unless the provision or context otherwise requires, the
definitions in this article govern the construction of this part.
"Beneficiary" means a person named in a revocable transfer on
death deed as transferee of the property.
"Real property" means any of the following:
(a) Real property improved with not less than one nor more than
four residential dwelling units.
(b) A condominium unit, including the limited common elements
allocated to the exclusive use thereof that form an integral part of
the condominium unit.
(c) A single tract of agricultural real estate consisting of 40
acres or less that is improved with a single-family residence.
"Recorded" has the meaning provided in Section 1170 of the
Civil Code.
(a) "Revocable transfer on death deed" means an instrument
created pursuant to this part that does all of the following:
(1) Makes a donative transfer of real property to a named
beneficiary.
(2) Operates on the transferor's death.
(3) Remains revocable until the transferor's death.
(b) A revocable transfer on death deed may also be known as a
"revocable TOD deed."
"Transferor" means an owner of real property who makes a
revocable transfer on death deed of the property.