Kansas Agreement to Partition Real Property Between Children of Decedent

State:
Multi-State
Control #:
US-1190BG
Format:
Word; 
Rich Text
Instant download

Description

Partition is the division between two or more persons of real or personal property held by them in common ownership. The division can take place between joint tenants or tenants in common.
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FAQ

The right of survivorship controls the disposition of property at the death of one co-owner. Property owned in joint tenancy immediately passes to the surviving joint tenant(s). Wills or state intestate laws do not control property held in joint tenancy.

Laws. Recording ? A quitclaim deed must be filed with the County Recorder's Office where the real estate is located. Go to your County Website to locate the office nearest you. Signing (§ 58-2205) ? A quitclaim deed is required to be authorized with a notary public present.

Ing to § 58-2205, -2209, -2211 of State Law, the deed must be signed by both parties to the transaction. In addition, the form must be notarized. Once drafted and certified, the document must be recorded as soon as possible. This is to protect both parties and to ensure that the state is aware of property rights.

To add a beneficiary to your property requires a Transfer on Death or Beneficiary deed. The form can be located on the Kansas Bar Association's website or by a general Google search. It must be filled out, signed, and notarized before it can be recorded.

The current property owner with the right to transfer the property must sign a Kansas deed. A deed that transfers a co-owned property should include the signatures of both owners. A lawful agent or attorney who can act on the owner's behalf may sign a deed for the owner.

The Real Estate Records Department in the County Clerk's Office can provide ownership information, as well as various other property characteristics. The County Appraiser values each parcel of property for taxation purposes and maintains appraisal data in the County Tax System.

Kansas is one of a few states with no transfer tax or deed tax on real estate transfers.

A partition is a term used in the law of real property to describe an act, by a court order or otherwise, to divide up a concurrent estate into separate portions representing the proportionate interests of the owners of property.

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Kansas Agreement to Partition Real Property Between Children of Decedent