what is a beneficiary deed
Beneficiary Deed Law & Legal Definition. A beneficiary deed is a type of real property deed used to transfer property. By signing and recording a beneficiary deed, an owner of an interest in real property may cause the owner's interest in the real property to be conveyed to people or entities on the owner's death.y signing and recording a beneficiary deed, an owner of an interest in real property may cause the owner's interest in the real property to be conveyed to people or entities on the owner's death.