611. TRANSFERS OF REVOCABLE TRUST DEEDS

611 TRANSFERS OF REVOCABLE TRUST DEEDS 611.1 If the settlor of a revocable trust deed who retains a right of revocation exercises such right of revocation, and the trustee thereby transfers legal title from the trustee back to the settlor as beneficial owner, the transfer shall be exempt from the transfer tax pursuant to § 402(8) of the Act (D.C. Code § 47-902(8)) (1981 Ed.) as a deed which without additional consideration, confirms, modifies, or supplements a deed previously recorded. SOURCE: Final Rulemaking published at 32 DCR 327, 323 (January 18, 1985); as amended by Final Rulemaking published at 54 DCR 10644 (November 2, 2007).