§ 36-12-12

During a transferor's life, a transfer on death deed does not:(1) Affect an interest or right of the transferor or any other owner, including the right to transfer or encumber the property;(2) Affect an interest or right of a transferee, even if the transferee has actual or constructive notice of the deed;(3) Affect an interest or right of a secured or unsecured creditor or future creditor of the transferor even if the creditor has actual or constructive notice of the deed;(4) Affect the transferor's or designated beneficiary's eligibility for any form of public assistance;(5) Create a legal or equitable interest in favor of the designated beneficiary; or(6) Subject the property to claims or process of a creditor of the designated beneficiary.