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state_legiscan_drain · RI

Allows an owner or owners of real property to execute a deed that names one or more beneficiaries who will obtain title to the property at the owner's death without the necessity of probate.

January 9, 2026

Summary

If enacted, this bill would allow owners of real property to execute a deed naming one or more beneficiaries who will obtain title at the owner's death without probate. This creates a new estate planning option that may affect how lenders and servicers handle property transfers upon a borrower's death, particularly regarding title requirements and collateral management.

Source: https://status.rilegislature.gov/

Common questions

What does "Allows an owner or owners of real property to execute a deed that names one or more beneficiaries who will obtain title to the property at the owner's death without the necessity of probate." cover?
If enacted, this bill would allow owners of real property to execute a deed naming one or more beneficiaries who will obtain title at the owner's death…
When was it published?
It was published on January 9, 2026.

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