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Joint tenancy occurs when two or more people hold title to real estate jointly, with equal rights to enjoy the property during their lives. If one of the partners dies, their rights of ownership pass to the surviving tenant(s) through a legal relationship known as a right of survivorship.
Ownership of real property by two or more persons is commonly referred to as co-ownership, cotenancy or concurrent ownership. There are four traditional forms of co-ownership in California: (a) tenancy in common, (b) joint tenancy, (c) partnership, and (d) community property.
Wyoming property owners transfer real estate interests by creating and recording a signed, docHubd deed.A quitclaim deed might, for example: Transfer real estate as a gift; Add a spouses name to the deed; or. Retitle property to a trust.
A survivorship deed is a deed conveying title to real estate into the names of two or more persons as joint tenants with rights of survivorship. Upon the death of one owner, the property passes to and vests in the name of the surviving owner or owners.
Any land -- or interest in land -- that has been transferred by a deed is deed land.
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Tenancy in common is used when property is held by two or more persons and, upon death, each owners interest passes to his heirs or devisees. Joint tenancy with right of survivorship is used when property is held by two or more persons and, upon death, each owners interest automatically passes to the other co-owners.
Law. a right of a person to property on the death of another having a joint interest: in the case of more than two joint tenants, the property passes to successive survivors.
Joint tenancy occurs when two or more people hold title to real estate jointly, with equal rights to enjoy the property during their lives. If one of the partners dies, their rights of ownership pass to the surviving tenant(s) through a legal relationship known as a right of survivorship.
A deed may be divided into three component parts: the premises; the habendum; and, the testimonium. The premises include the date, parties, consideration, granting clause, description, recital, and appurtenances.
A Wyoming deed must be filed for recording with the county clerk of the county where the property is located. Upon receiving a valid deed and the required recording fee, the county clerk records the deed in the county land records and stamps the time and date of recording on the deed.

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