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In Oklahoma, these forms of joint ownership are available: Joint tenancy. Property owned in joint tenancy automatically passes to the surviving owners when one owner dies. No probate is necessary.
Both spouses must sign a deed if the owner is married and the real estate qualifies as a homesteadunless the non-owner spouse resides outside Oklahoma.
An Oklahoma special warranty deed is a legal document transferring Oklahoma real estate with limited warranty of title. Unlike general warranty deeds and quitclaim deeds, Oklahoma does not expressly authorize special warranty deeds by statute.
A general warranty deed is the most common type of warranty deed in the United States. It offers the highest level of protection to the buyer because it guarantees that there are absolutely no problems with the home even dating back to prior property owners.
An non-vested property interest in spouses military pension plan at the time of final separation of the parties is not divisible as a marital asset, and military pension plan was properly excluded from the marital estate.
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Q: What is joint tenancy? A: It is a particular type of property ownership by which two or more persons may own real estate or personal property together.
Both spouses must sign a deed if the owner is married and the real estate qualifies as a homesteadunless the non-owner spouse resides outside Oklahoma.
Estate Transactions In an estate transaction where the executor of estate has nothing attesting to the history of the property prior to the owner who has passed, a special warranty deed may be issued.
A special warranty deed is a deed to real estate where the seller of the propertyknown as the grantorwarrants only against anything that occurred during their physical ownership. In other words, the grantor doesnt guarantee against any defects in clear title that existed before they took possession of the property.
As joint tenants (sometimes called beneficial joint tenants): you have equal rights to the whole property. the property automatically goes to the other owners if you die.

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