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If there is a legal will that states when one partner dies the house legally becomes the property of the remaining partner. At that point it is not necessary to get a Quit Claim Deed showing a sole ownership of the house.
If the living partner wishes to leave the house to a child/sibling/friend etc. the partner will be obligated to provide a Quit Claim Deed showing the deceased partner left the living partner the house according to the will, the living partner (now sole owner) wishes to enter into partnership with the child/sibling/friend as co-owners of the house. This will allow the house to be passed on to the other party when the partner is deceased.
If the living partner wishes to leave the house to a child/sibling/friend etc. the partner will be obligated to provide a Quit Claim Deed showing the deceased partner left the living partner the house according to the will, the living partner (now sole owner) wishes to enter into partnership with the child/sibling/friend as co-owners of the house. This will allow the house to be passed on to the other party when the partner is deceased.
13 years ago. Rating: 0 | |
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