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Mauser School of Law: Indiana UniversityDigital Repository Mauser Law Articles by Mauser FacultyFaculty Scholarship1951Joint Tenancy in Washington Bank Accounts Ivan C. Rutledge Indiana University
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What is joint tenancy in Washington?
Joint tenancy in Washington is a form of property ownership where two or more people own equal shares of the property with the right of survivorship.
Who is required to file joint tenancy in Washington?
Any individuals who wish to own property together with equal shares and the right of survivorship may choose to file for joint tenancy in Washington.
How to fill out joint tenancy in Washington?
To fill out joint tenancy in Washington, individuals must complete and sign a deed that specifies their intention to hold the property as joint tenants with right of survivorship.
What is the purpose of joint tenancy in Washington?
The purpose of joint tenancy in Washington is to ensure that if one owner passes away, their share of the property automatically transfers to the surviving joint tenants, avoiding the need for probate.
What information must be reported on joint tenancy in Washington?
The information reported on joint tenancy in Washington typically includes the names of the joint tenants, the legal description of the property, and the signature of all parties involved.
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