Posted on: 25th Apr, 2010 07:01 am
Two people own real estate property jointly. One dies and makes no provision to will or otherwise dispose of his share of the property.
The deceased was married with two children.
Does the living partner own the property or does a legal action have to take place?
The deceased was married with two children.
Does the living partner own the property or does a legal action have to take place?
Welcome srichard,
If the property was owned between two owners as joint tenancy with rights to survivorship, then the other owner will receive the whole property after the joint owner's death. If this is not the case, then the heirs of the deceased owner will be able to claim his share of the property.
If the property was owned between two owners as joint tenancy with rights to survivorship, then the other owner will receive the whole property after the joint owner's death. If this is not the case, then the heirs of the deceased owner will be able to claim his share of the property.