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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.
What else can I help you with?
Who assigns members of congress to committees?
The main parties in the House of Representatives and the Senate.
How does the provision inure to the benefit of successors and assigns in this contract?
The provision benefits future parties who may take over the contract.
What is better a full survivor annuity or a single annuity?
It depends on what you are wanting to accomplish. If you want to make sure both parties receive an income even after the death of one of the parties then the survivor annuity is your option. If you are not worried about future payments after the death of the fist party then utilize the single annuity.
Was America largely unconnected with the remainder of the world during the 1600s and 1700s?
The Parties Concerned
If Property is conveyed to two grantees and one dies does the survivor become the sole owner of the property?
If the parties owned the land as joint tenants with the right of survivorship or as tenants by the entirety full ownership passes to the survivor when one dies. If the parties owned as tenants in common and one dies- their interest passes to their heirs at law.
What happens after presenting an answer to a complaint?
The parties engage in discovery.
Is there a document to establish ownership of a property after one of the owners dies?
If the parties owned the property by a survivorship deed the survivor only needs to record a death certificate in the land records as proof of death. The interest owned by the decedent passes automatically to the survivor.
What happens if your husband and you vote for different parties in Canada?
Nothing?...
What is the purpose and significance of an enurement clause in a contract?
An enurement clause in a contract ensures that the rights and obligations outlined in the contract are binding not only on the parties involved, but also on their successors or assigns. This clause is significant because it helps to maintain the enforceability of the contract even if there are changes in ownership or control of the parties.
What happens if your in a accident and you have sr22?
The same thing that happens if you did not have an Sr22. The at fault parties insurance generally pays for the accident.
Can you transfer your interest in a joint tenancy with right of survivorship while both parties are alive?
transfer interest in joint tenancy with right to survivor while alive
What happens when two tenants are on tenency agreement but don't get on?
the lease will have to be honoured, if the tenants do not get along, then it could be broken by paying a penalty for the remainder of the lease when one or both move, if the lease is a month- to- month then a 2 month written letter must be signed by both parties to notify the landlord.
