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Can a POD be added to a safe deposit box contract?

Answered by: 

Question: 
Can a Payable of Death or Beneficiary clause be added to our contract that activates only after a renter dies?
Answer: 

There are only a few states that allow a POD clause to be added to a safe deposit lease agreement.
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Learn more about Dave McGuinn’s Top 25 Safe Deposit Compliance Issues webinar.

First published on 07/18/2021

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