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Alabama does not allow real estate to be transferred with transfer-on-death deeds.
The most recognized form for a married couple is to own their home as Tenants by the Entirety. A tenancy by the entirety is ownership in real estate under the fictional assumption that a husband and wife are considered one person for legal purposes. This method of ownership conveys the property to them as one person.
According to the Legal Dictionary, the right of survivorship is the power that a successor(s) of a deceased person has to acquire the property of that person upon his or her death. The right of survivorship decides what happens to a piece of property after one of its owners passes away.
In Alabama, if you are married and you die without a will, what your spouse gets depends on whether or not you have living parents or children. If you dont, then your spouse inherits all of your intestate property.
The Alabama warranty deed is a form of deed that provides an unlimited warranty of title. It makes an absolute guarantee that the current owner has good title to the property. The warranty is not limited to the time that the current owner owned the property.
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The buyer, or grantee, of a property benefits the most from obtaining a warranty deed. Through the recording of a warranty deed, the seller is providing assurances to the buyer should anything unexpected happen.
By far the easiest way to divide jointly held property is simply to agree to do it. The joint tenants can simply come up with an agreed division of the property. It may be a good idea to hire an attorney to draw up a legally binding agreement once you and the other joint tenants have agreed in principle to a division.
In Alabama, if you are married and you die without a will, what your spouse gets depends on whether or not you have living parents or children. If you dont, then your spouse inherits all of your intestate property.
What is an Alabama survivorship Deed? In Alabama, survivorship deeds are sometimes used for ownership among multiple property owners. Following the death of one of the owners, a survivorship deed passes ownership on to the surviving owner automatically, by operation of law, without the need for probate.
by Practical Law Real Estate. A deed transferring title and legal interest in real property from the grantor to the grantee with full covenants and warranties.

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