So, what's the inside scoop on this affidavit? Essentially, a writable affidavit of survivorship is a legal document that passes ownership of a property to the surviving owner(s) after one owner's death. Filling out a writable affidavit of survivorship is evidence of the deceased owner, and it’s also a shortcut to transferring property rights.
Why does this matter to you? Well, if you ever find yourself in the unfortunate situation of losing a co-owner of a property, this document is crucial. Without a properly completed affidavit of survivorship form, the transfer of ownership could turn into a long, convoluted process, potentially leading to disputes, legal fees, and heaps of stress.