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House was purchased together before married. Says on the deed for their joint lives with the remainder in fee simple to the survivor his or her heirs or assigns. What happens if hubby dies first?
Wiki User
∙ 14y ago
The language used sounds like a survivorship deed. That means if either dies the Survivor would automatically own the property be it the wife or the husband. However, you should confirm that the deed conforms with the laws in your jurisdiction to create a valid joint tenancy with the right of survivorship.
Wiki User
∙ 14y ago
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Is a contract still valid if the company has been purchased?
Check the contract for the wording "Joe Blow's Car Wash, its agents or assigns." The company that purchaesed the other one is now the assigns.
Says on the deed for their joint lives with the remainder in fee simple to the survivor his or her heirs or assigns What happens if hubby dies first and have second parties on deed?
The language you described is the language that creates a joint tenancy with the right of survivorship. Upon the death of one of the parties on the deed the survivor will become the sole owner of the property. In your case, if your husband is the grantee on such a deed with another person and your husband died, the other person would automatically become the sole owner of the property.
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