You can spend time on the Internet searching for the legal papers web template that fits the federal and state needs you want. US Legal Forms supplies a huge number of legal kinds that are reviewed by pros. You can easily download or produce the Utah Agreement to Partition Real Property among Surviving Spouse and Children of Decedent from your service.
If you currently have a US Legal Forms accounts, you may log in and click the Down load button. Next, you may total, modify, produce, or sign the Utah Agreement to Partition Real Property among Surviving Spouse and Children of Decedent. Each legal papers web template you purchase is your own forever. To obtain another version for any bought develop, check out the My Forms tab and click the corresponding button.
If you work with the US Legal Forms site for the first time, stick to the straightforward instructions under:
Down load and produce a huge number of papers themes while using US Legal Forms Internet site, which offers the largest selection of legal kinds. Use expert and condition-distinct themes to deal with your business or person requires.
If the other co-owners are unwilling to sell or buy out your interest in a property for a price acceptable to you, forcing the sale of jointly owned property through a type of lawsuit known as a partition action is a viable option. Real Estate Disputes.
In Utah, you can own property as joint tenants with the right of survivorship. Property owned in joint tenancy automatically passes to the surviving owners when one owner dies.
Utah's affidavit of survivorship is governed by Section 57-1-5.1 of the Utah code. When lawfully executed and recorded, this document passes title of property held as joint tenants to the survivor(s) after the death of one of them.
The letter explains that you have the right to force a sale via partition action, citing to the relevant law. The letter ends by attempting to persuade your co-owners that voluntary sale or a voluntary buyout would be better than a forced sale.
To sum up: joint tenants must receive their property interest simultaneously and from the same source and must have an equal share with equal right to possess the entire property. On the other hand, tenants in common can receive their interest at different times and sources and don't have to possess equal shares.
Title 57 Chapter 1 Section 5.1 Termination of an interest in real estate -- Affidavit. 57-1-5.1. Termination of an interest in real estate -- Affidavit. Joint tenancy, tenancy by the entirety, or life estate interest in real estate terminates upon the death of a tenant holding the interest.
A joint tenancy is the most common way for married couples to own property in Utah. Under a joint tenancy, when one spouse dies, the surviving spouse automatically takes ownership of the entire property. No probate is required when the first spouse dies.
Utah's affidavit of survivorship is governed by Section 57-1-5.1 of the Utah code. When lawfully executed and recorded, this document passes title of property held as joint tenants to the survivor(s) after the death of one of them.