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Creating Joint Tenancy with Right of Survivorship Form

Creating Joint Tenancy with Right of Survivorship Form

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Instructions and help about Creating Joint Tenancy With Right Of Survivorship

in a joint tendency with right of survivorship there is only one estate in land that is owned jointly by multiple concurrent owners the principal feature of this form of concurrent ownership is the right of survivorship which we already touched upon in the last clip when we talked about tenancies by the entirety let's expand upon that concept now here's how the right of survivorship works among joint tenants with right of survivorship when one joint tenant dies her interest in the estate disappears instantly upon her death the respective percentage ownership interests of the other joint tenants therefore expand proportionately the fact that a joint tenant's interest in the property vanishes upon her death means that her interest cannot pass to her heirs upon her death

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