Q: Location: Guam, USA Q:GRANTOR (deceased) has deed of gift to 4 GRANTEES (3/4 deceased), verbiage "convey to the
said GRANTEES, their heirs, successors, and assigns, forever". Does that mean the heirs (spouse and children) of the deceased automatically inherit the 25% interest of the GRANTEE? Or does the 1 ALIVE GRANTEE automatically inherit now 100% of property? I really dont want to deal with the "heirs". HELP FROM GUAM!
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A: Without words of survivorship the grantees and their heirs will take as tenants in common of undivided interests. Someone has to pay the taxes and mortgage or the property is lost. You may wish to hire an attorney to determine heirship and get a Deed from all other TICs over to you so that you own it in fee simple. You will probably have to pay for their transfers.
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