
Magilicudy
Dec 5, 2012, 9:40 PM
Post #9 of 10
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Re: [sioux4noff] Question About Inheriting A House and What is Involved for those Qualified to Ans
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Naming a beneficiary is not the same as 'right of survivorship' that you would find in the US (maybe Canada also; I don't know the legal system there). For example, if I owned a house with my friend (in the US), I can set the deed up so that if one dies, the surviving person gets the house. There's very little legal hassle or cost (been there, done that one). Even in the US, right of survivorship is much different than inheritance. Right of survivorship is between the parties how own the property....does not matter if they are married, blood related or anything else other than they are co-'owners' of the property. In Jalisco, they recognize inheritance (not co-ownership) between parties and those parties are either 'married' or blood related. That's the same for you and your spouse....you are a married couple who would 'inherit' each other's half (that's not the same as right of survivorship). You can ask the notario with which you worked about the difference if you were not a married couple vs. being a married couple. Since Notarios and attorneys here are not used to having 'right of survivorship, they are not likely to be able to do a compare and contrast. My notario only said 'right of survisorship is not here' because he's had lots of foreigners ask that question. For a definition of 'right of survivorship' you can try checking NoloPress (I think it's Nolo.com) on-line. They are a good legal resource site or just google 'right of survivorship.'
(This post was edited by Magilicudy on Dec 5, 2012, 9:53 PM)
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