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On a quit claim deed if one of the joint owners dies does the remaining co owner become the full owner in NJ?
Wiki User
∙ 13y ago
Yes. If the property was owned as joint tenants with the right of survivorship the surviving joint tenant becomes the sole owner of the property. They do not need to make any changes in their deed but only record a copy of the death certificate in the land records to clear the title.
Wiki User
∙ 13y ago
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What would happen if the husband is the sole legal owner but husband and wife are joint equitable owners and husband dies and leaves the house to his mistress?
In most states, under the doctrine of "Election", the wife could file a claim in the husband's estate and receive a share of the value of the property. It is unclear what you mean by joint equitable owners.
Can you use a Quit Claim Deed to insure someone has title rights ONLY in event of the original owners death?
Yes, if the owner quitclaims to himself and the beneficiary as "joint tenants with right of survivorship." Of course, during the life of the initial owner, he and the beneficiary are joint owners. Otherwise, no, the court frowns upon owners using documents other than wills or trusts to convey property after death.
Can owners of stock as joint tenants with right of survivorship change language of ownership?
Yes. But it may require both joint owners to accomplish.
Are you entitled to half of a joint bank account?
No, you have an undivided interest in the entire bank account and it is up to you and the other joint tenants of the account to agree how the account will be used. If you are the sole remaining joint owner, then the entire account becomes yours. If you die before one or more other joint tenants, you and your estate have no further claim to the account, even if it was entirely your money that was deposited.
Can a lien be put on a vehicle with joint owners?
Yes.
Is quick claim deed the same as joint owned?
They are not the same, a quit claim deed is a method of transferring rights to property. Joint owned is a form of ownership.
If the deed to a property is recorded jointly and one of the owners dies can family members of the decedent claim the decedents share of the property?
No. If the property was acquired as joint tenants with the right of survivorship and one dies, their interest passes automatically to the survivor by law. There is nothing for family members to claim.
Can a joint tenancy be created without tenants in common?
A joint tenancy IS a form of ownership where the owners are NOT tenants in common.
How do more than one person be on a copyright?
Joint authors of a work are joint owners of the copyright. Also, an author or other owner of a copyright can transfer copyright ownership to any number of other joint owners. Similarly, multiple heirs of an estate may inherit joint or common ownership of the copyrights owned by the decedent.
Can a CD with multiple owners be cashed in without the permission of all owners?
not if it is held in joint tenancyAnswerYes. One co-owner can cash it in if it is held in a joint tenancy. See link provided below for more details.
Is it an inheritance when one of three owners of a house in a Survivorship Agreement dies?
Answer: If the survivorship was set forth in the deed, a joint tenancy, the passing of title to the other joint owners is not an inheritance. In Massachusetts is would be a non-probate asset.
Is joint tenancy with the right of survivorship available in West Virgina for co-owners of real property?
Yes, joint tenancy is available in West Virginia. If you own property jointly with someone else, and this ownership includes the “right of survivorship,” then the surviving owner automatically owns the property when the other owner dies. The deed should state " . . . to Harry and Sally as joint tenants with the right of survivorship".
