The Harris Texas Affidavit As to Termination of Life Estate Created by Deed / Assignment is a legal document commonly used in Harris County, Texas, to terminate a life estate that was created by a deed or assignment. This affidavit serves as proof of the termination and is typically filed with the relevant county clerk's office. A life estate is a legal arrangement in which a person (known as the life tenant) retains the right to live on and use a property during their lifetime, while another person (known as the remainder man) holds the future interest in the property, ready to take possession upon the death of the life tenant. However, circumstances may arise where the life estate should be terminated, such as when the life tenant, or both the life tenant and remainder man, agree to terminate the life estate. There are two main types of Harris Texas Affidavits As to Termination of Life Estate Created by Deed / Assignment: 1. Unilateral Termination Affidavit: This type of affidavit is used when the life tenant unilaterally decides to terminate the life estate. In this case, the life tenant would complete the affidavit, stating their intent to terminate the life estate, and sign it in the presence of a notary public. This document should include the legal description of the property, as well as the names and signatures of all parties involved in the life estate. 2. Mutual Agreement Termination Affidavit: This type of affidavit is used when both the life tenant and the remainder man mutually agree to terminate the life estate. Both parties would need to complete the affidavit, stating their shared intent to terminate the life estate, and sign it in the presence of a notary public. This document should also include the legal description of the property and the names and signatures of all parties involved. Keywords: Harris Texas, Harris County, Texas, Affidavit, Termination, Life Estate, Deed, Assignment, Unilateral Termination Affidavit, Mutual Agreement Termination Affidavit, Life Tenant, Remainder man, Legal Description, Notary Public.
Harris Texas Affidavit As to Termination of Life Estate Created by Deed / Assignment
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