The New York Affidavit of Death of Joint Tenant by Surviving Joint Tenant is a legal document that allows the surviving joint tenant (also known as the remaining co-owner) to establish their ownership in a property after the death of the other joint tenant. This affidavit is commonly used in real estate transactions and is essential for transferring the title of the property to the surviving joint tenant's name alone. Keywords: New York, Affidavit of Death, Joint Tenant, Surviving Joint Tenant, property, co-owner, real estate transactions, title transfer. Types of New York Affidavit of Death of Joint Tenant by Surviving Joint Tenant: 1. Basic Affidavit of Death of Joint Tenant by Surviving Joint Tenant: This type of affidavit is a simple and straightforward document that states the death of the joint tenant and affirms the surviving joint tenant's ownership of the property. It includes necessary information such as the names of the joint tenants, the property address, and dates of ownership. 2. Joint Tenant with Right of Survivorship (TWOS) Affidavit of Death: If the joint tenants have a TWOS arrangement, this specific type of affidavit is used. TWOS allows the property to automatically transfer to the surviving joint tenant upon the death of the other joint tenant. The affidavit verifies the death and serves as legal proof for the surviving joint tenant's entitlement to the property. 3. Tenancy in Common (TIC) Affidavit of Death: In cases where joint tenants hold the property as TIC, this type of affidavit is used. Unlike TWOS, TIC does not provide automatic transfer of ownership to the surviving joint tenant. Therefore, this affidavit is crucial for the surviving joint tenant to establish their ownership rights by proving the other joint tenant's death. 4. Survivorship Exemption Affidavit: This type of affidavit may be required in some real estate transactions to claim an exemption from transfer taxes or fees when a surviving joint tenant receives sole ownership of the property after the death of the other joint tenant. It confirms the transfer of ownership, outlines the exemption basis, and provides necessary details of the property and the parties involved. Remember, it is essential to consult with a legal professional or seek advice from the appropriate authorities for accurate information and guidance regarding the specific requirements and variations of the New York Affidavit of Death of Joint Tenant by Surviving Joint Tenant.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.