This warranty deed is from parent(s) to child with a reservation of a life estate in the parent(s). The form allows the grantor(s) to convey property to the grantee, while maintaining an interest in the property during the lifetime of the grantor(s).
Life Estate Deed Form Alaska With Mortgage
Category:
State:
Alaska
Control #:
AK-021-77
Format:
Word;
PDF;
Rich Text
Instant download
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How to fill out Alaska Warranty Deed To Child Reserving A Life Estate In The Parents?
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FAQ
When property is co-owned with a right of survivorship, a deceased owner's interest automatically vests with the surviving owner upon the deceased owner's death. As noted, the Alaska legislature abolished joint tenancy except for co-ownership of personal property or co-ownerhsip of real estate by a married couple.
The Florida Enhanced Life Estate Deed Unlike standard-life-estate-deed beneficiaries, the beneficiaries named in an enhanced life estate deed do not get the property immediately upon the deed's execution. Instead, the property is transferred upon the death of the deed's creator.
Alaska Transfer-on-Death Deed At your death, the real estate goes automatically to the person you named to inherit it, without the need for probate court proceedings. (Alaska Statutes sections 13.48. 010 to 13.48. 195.)
Ownership Changes Recording a deed is best handled through a Title Company. For those doing their own deeds, deed templates are often available online or at office supply stores. The deed must have the names and addresses of both the current ownership and the new ownership, and the legal description of the property.
Laws. Recording ? A quitclaim deed must be filed in the Recorder's District where the property is located. There is usually a fee associated with the filing and it is recommended to bring a blank check or contact the recorder before your arrival.