This form is a Quitclaim Deed where the grantor is an individual and the grantees are three individuals holding title as joint tenants.
Quitclaim Deed Connecticut With Right Of Survivorship
Category:
State:
Connecticut
Control #:
CT-SDEED-8-1
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Connecticut Quitclaim Deed For Individual To Three Individuals?
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FAQ
Survivorship deeds are common estate planning tools?and for good reason. With a survivorship deed, when one co-owner passes away, the property title transfers to the surviving co-owners without the need for probate, which can be a time-consuming and somewhat complicated process.
Recording ? A quit claim with the Registry of Deeds where the property is located. Signing ? The quit claim deed is required to be notarized AND signed with two (2) witnesses. If the notary public agrees, he or she may act as one (1) of the witnesses as well as the notary.
Under the right of survivorship, each tenant possesses an undivided interest in the whole estate. When one tenant dies, the tenant's interest disappears and the others tenants' shares increase proportionally and obtain the rights to the entire estate.
There are two types of tenancies that possess the right of survivorship: joint tenancy and tenancy by the entirety.
For example, if two people, Mark and Amanda, own a property together and Mark dies, then Amanda will become to sole owner of the property even if this is not detailed in the will because the two of them purchased the property together.