The Survivorship Affidavit is a form for a person to complete to establish the identity of the survivor in a joint tenancy or other property ownership relationship.
The Survivorship Affidavit is a form for a person to complete to establish the identity of the survivor in a joint tenancy or other property ownership relationship.
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Property owned jointly with rights of survivorship is treated very much like property owned with multiple beneficiaries. The difference is often in the distribution to remaining owners if one has died. Unless percentage ownership of specific shares is spelled out, only the surviving owners will inherit the property.
Introduction. A survivorship deed is a deed conveying title to real estate into the names of two or more persons as joint tenants with rights of survivorship.
Fill out the affidavit completely. Sign the document in front of a notary. Attach a "certified" copy of the death certificate. Also attach a "legal description" of the property to be transferred (a copy of the survivorship deed or transfer on death designation or deed will suffice).
An Affidavit of Survivorship is a sworn statement signed by the surviving owner to verify that the co-owner of the property has passed, and that the property has passed to the surviving owner.
The content may vary depending on the circumstances, but it generally contains the names of both spouses, a formal legal description of the shared real estate, and the recording information for the deed transferring ownership to the couple, confirming their intention to hold title as community property.