Arkansas Beneficiary Deed

Arkansas Code section 18-12-608 gives property owners a statutory beneficiary deed: a deed that requires no current, tangible consideration and conveys a real-property interest to a named grantee, but only takes effect at the owner's death — leasehold and lien interests are specifically excluded from what can be conveyed this way.

Until the owner dies, the named grantee has no legal or equitable interest in the property whatsoever, as long as the deed hasn't been revoked. That means the property stays fully exposed to whatever the owner chooses to do with it later — new conveyances, contracts, mortgages, deeds of trust, liens, and any other encumbrance the statute lists remain fully available to the owner during their lifetime.