This bill amends South Dakota law to facilitate the transfer of ownership of motor vehicles, off-road vehicles, snowmobiles, and boats upon the death of the owner or the last survivor of a joint tenancy with the right of survivorship. It allows owners to designate a beneficiary on the certificate of title, ensuring that the property can be transferred directly to the designated individual without going through probate. The bill specifies that a trust can also be named as a beneficiary and requires written approval from all owners for any beneficiary designation.

Additionally, the bill outlines the process for the designated beneficiary to claim ownership after the owner's death, including the submission of an affidavit to the department. It clarifies that the designated beneficiary has no interest in the property until the owner's death and allows the owner to change the beneficiary designation without consent. Importantly, the bill prohibits designating a beneficiary if the property is subject to any lien or encumbrance, and it ensures that ownership vests in the beneficiary only if there are no outstanding claims against the property.