Q: Vesting on property is NS, (no status). Please explain. Does surviving spouse get the property?
A: NS means that when the owner dies the property must be probated. If there are 2 or more owners, such as husband and wife, if one of them dies his or her share must be probated. To avoid probate when one of two owners dies the vesting should read either JT for joint tenant or RS for right of survivorship.
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