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Unlike many states, Missouri has no real estate transfer tax. The deed must only be accompanied by the recording fees. Recording fees are usually $20 to $25 for the first page and $3 for each additional page.
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.
Joint tenants with the right of survivorship are two or more people who own an equal interest in a property. When one person dies their interest passes automatically to the surviving joint tenant(s). In contrast, tenants in common can own unequal shares in a property and have no right of survivorship.
For transfers of personal property, such as stock certificates, the simple letters JTWRS may be used to designate a joint tenancy with right of survivorship. A joint tenancy can be created in almost any type of property. Different types of jointly held property have different characteristics.
In Missouri, almost any type of property-real or personal-may be held as joint tenancy. It is imperative, however, that the owners include the proper language in the deed, or other ownership documents, to create a joint tenancy.
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The Missouri 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.
The property is registered in everyones name, as joint tenants. Each joint tenant owns the property equally and indivisibly. If one owner dies, the property passes to the other owner(s). This is called the right of survivorship.
You have a joint tenancy if: you and the other tenants all signed a single tenancy agreement. your tenancy agreement has other tenants names on it.
States with tenancy by the entirety are: Alaska, Arkansas, Delaware, Florida, Hawaii, Illinois, Indiana, Kentucky, Maryland, Massachusetts, Michigan, Mississippi, Missouri, New Jersey, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, Tennessee, Vermont, Virginia, and Wyoming.
Tenancy by the Entireties is a special form of property ownership that Missouri, and some other states, reserved for married couples only. Tenancy by the Entireties means that a husband and wife own property as one person, and each of them owns a 100% interest in the property.

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