Q: I own a house in Keizer, Oregon. Both of our names are on the deed. He is having heart problems and might die if the by-
He might die. We don't have an Erickson Agreement. Can he sign something and send it to me so the house will be safely in my name in the case of his death? Please give me a wording for Right of Survivorship.
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A: In Oregon, if you want to ensure that the house automatically passes to you upon the other owner's death, you can add a "Right of Survivorship" provision to your deed. The wording to create a joint tenancy with right of survivorship is generally along the lines of: "This property is held as joint tenants with right of survivorship, and not as tenants in common." However, adding a right of survivorship to a property deed typically requires a new deed to be prepared, signed, and recorded in the county where the property is located. The procedure may also involve notarization.
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