Colorado § 15-15-408 Joint tenancy - definitions

Colorado Statutes

§ 15-15-408 — Joint tenancy - definitions

Colorado·Title 15 Probate,·Art. Nonprobate Transfers on Death

(1)A joint tenant of an interest in real property may use the procedures described in this part 4 to transfer his or her interest effective upon the death of such joint tenant. However, title to the interest shall vest in the designated grantee-beneficiary only if the joint tenant-grantor is the last to die of all of the joint tenants of such interest. If a joint tenant-grantor is not the last joint tenant to die, the beneficiary deed shall not be effective, and the beneficiary deed shall not make the grantee-beneficiary an owner in joint tenancy with the surviving joint tenant or tenants. A beneficiary deed shall not sever a joint tenancy.

(2)As used in this section, joint tenant means a person who owns an interest in real property as a joint tenant with right of survivorship.

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(1) A joint tenant of an interest in real
property may use the procedures described in this part 4 to transfer his or her
interest effective upon the death of such joint tenant. However, title to the interest
shall vest in the designated grantee-beneficiary only if the joint tenant-grantor is
the last to die of all of the joint tenants of such interest. If a joint tenant-grantor is
not the last joint tenant to die, the beneficiary deed shall not be effective, and the
beneficiary deed shall not make the grantee-beneficiary an owner in joint tenancy
with the surviving joint tenant or tenants. A beneficiary deed shall not sever a joint
tenancy.

(2) As used in this section, joint tenant means a person who owns an
interest in real property as a joint tenant with right of survivorship.

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