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The right of survivorship is a right granted to joint property owners that ensures the transfer of one owner's stake to the remaining property owner(s) in the case of his or her death.
Moving Forward Type of DocumentPrior Fee Structure*New FeeDeed of Transfer (e.g., Limited Warranty Deed, Quitclaim Deed)$10.00 for the first page, $2.00 for each add'l page$25.00Security Instrument or Modification of Security Instrument (e.g., Security Deed, ALR)$10.00 for the first page, $2.00 for each add'l page$25.006 more rows ?
Quick Claim Deed Ga While you will not require an attorney for this legal form, it must be signed, and a notary public will be required to notarize the signatures of both parties, the grantor and the grantee. This verifies that both individuals signing the form are who they represent themselves to be.
A property owner who creates a survivorship deed for an estate plan typically quitclaims the property to the owner and another person who the owner wants to ultimately own the property?such as the owner's spouse or child.
Georgia recognizes joint tenancy with right of survivorship as a common form of joint ownership. This form allows multiple people or entities to own a title interest to the property, and comes with various rights and responsibilities.
Quit claim deeds, also called a non-warranty deeds, are sometimes used to transfer property as well as clear titles. Sellers tend to be more willing to transfer property through quit claim deeds. However, quit claim deeds offer no warranty that the grantor owns or has any rights to transfer the property.