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Nonprobate > Joint Tenancy Assets
While use of Joint Tenancy form for holding title to property should result in the avoidance of a probate for that asset in the estate of the deceased Joint Tenant, a surviving Joint Tenant will generally need to take the following steps regarding the joint tenancy property:
Real Property:
To clear title to the real
property: Record
a certified copy of the Decedent's death
certificate with the Auditor/Recorder in every county in which the Decedent
owned real property held in joint tenancy form.
Execute
and deliver a Joint Tenancy Affidavit regarding property passing as a
result of the Joint Tenancy to every real estate title insurance company that
insures title to any real property held by Decedent in Joint Tenancy form:
Financial or Securities Account: To remove Decedent's name from the
account:
Deliver a certified copy of Decedent's death certificate to the
institution.