District of Columbia General Warranty Deed (To Joint Tenants with Right of Survivorship)

State:
Multi-State
Control #:
US-OG-1018
Format:
Word; 
Rich Text
Instant download

Description

This is a general warranty deed to joint tenants with right of survivorship.

How to fill out General Warranty Deed (To Joint Tenants With Right Of Survivorship)?

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FAQ

Today in California, Idaho, New Mexico and Nevada the surviving spouse succeeds to the decedent's share of community property in the absence of a will. In Arizona, Louisiana, Washington and Texas the decedent's share goes in whole or in part to his or her descendants.

The Revised Code of Washington law allows for three primary forms of co-ownership for real property: joint tenancy, tenancy in common, and community property. Joint tenancy with the right of survivorship is authorized at RCW 64.28. 010.

In order to create a joint tenancy with rights of survivorship, the deed must clearly reflect the survivorship intention. If it does not, Jack and Jill will take title as set forth below. The preferred language is "Jack and Jill, as joint tenants with full rights of survivorship".

A form of legal co-ownership of property (also known as survivorship). At the death of one co-tenant, the surviving co-tenant becomes sole owner of the property. A tenancy by the entirety is a special form of joint tenancy between a husband and wife.

Whereas joint tenancy with right of survivorship permits property to pass to the survivor without the cost or delay of probate proceedings, there shall be a form of co-ownership of property, real and personal, known as joint tenancy.

In Washington, you and co-owners can hold assets in joint tenancy. Property owned in joint tenancy automatically passes to the surviving owners when one owner dies. No probate is necessary.

A Washington, DC, deed must identify by name the current owner (the grantor) transferring the property and the new owner (the grantee) receiving it. Party addresses. A deed should include the new owner's address. DC law does not strictly require the current owner's address, but it is often included.

Community property with the right of survivorship is an agreement where, after the death of a spouse, ownership of the property that is jointly owned by both spouses automatically passes to the other spouse. The property or asset therefore avoids probate completely.

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District of Columbia General Warranty Deed (To Joint Tenants with Right of Survivorship)