Legal Question in Real Estate Law in New York
joint tenant with right of survivorship
I own a real property with 3 siblings in NY. We inherited it from parents. The deed has a joint tenant with right of survivorship. However, I would like to break this type of arrangement and make it tenant in common. I would like my spouse to receive my share if something happens to me. Please advise. Also, I would like to know what form needed to file to make this conversion. Thanks.
Asked on 6/26/05, 5:53 pm
1 Answer from Attorneys
Robert R. Groezinger
GroezingerLaw P.C.
Re: joint tenant with right of survivorship
All of the current owners have to agree to a change in ownership because they all have to sign the deed transferring ownership to the "new" owners.
Good Luck
Answered on 6/26/05, 6:42 pm
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