A gift is a voluntary transfer of property made gratuitously and without consideration. That brings us to Michael and Texie Nash. They were married on Aug. 6, 1997.

The TOD deed sprang into being in 2015, when Texas enacted Chapter 114 of the Texas Estates Code. That makes it a relatively new statute. The original statute contained a sample form, but when too ...

Sale deed/agreement: Stamp duty is based on the property's circle rate and varies according to the buyer's gender. In the NCR region, men pay 6%, women 4%, and for joint ownership it's 5%.