This bill amends Section 1253 of Title 58 of the Oklahoma Statutes, which pertains to transfer-on-death (TOD) deeds. The amendment introduces a requirement that a beneficiary must record an affidavit and related documents with the county clerk where the property is located within nine months of the grantor's death. If this requirement is not met, the interest in the property will revert to the grantor's estate. The bill maintains the existing provisions regarding the revocability of the TOD deed and the rights of the grantor to withdraw or rescind the deed at any time.

The effective date for this amendment is set for November 1, 2026. The changes aim to clarify the responsibilities of beneficiaries regarding the recording of TOD deeds and ensure that the transfer of property interests is properly documented following the grantor's death.