This is a legal document that was released by the New York City Department of Finance - a government authority operating within New York City.
The document is provided in Chinese.
Q: What is a Surety Survivor's Affidavit?
A: A Surety Survivor's Affidavit is a legal document used in New York City to transfer ownership of property from a deceased property owner to their surviving co-owner or co-owners.
Q: Who can use a Surety Survivor's Affidavit?
A: A Surety Survivor's Affidavit can be used by co-owners of property in New York City, when one of the co-owners has passed away and the surviving co-owner or co-owners want to transfer ownership of the property.
Q: What is the purpose of a Surety Survivor's Affidavit?
A: The purpose of a Surety Survivor's Affidavit is to establish the surviving co-owner or co-owners as the rightful owners of the property, without having to go through probate court or other formal legal procedures.
Q: What are the requirements for a Surety Survivor's Affidavit?
A: To use a Surety Survivor's Affidavit, the property must be located in New York City, the deceased co-owner must have died without a will, and the total value of the property must be under a certain threshold (currently $50,000).
Q: How do I obtain a Surety Survivor's Affidavit?
A: You can obtain a Surety Survivor's Affidavit from the Office of the City Register in New York City. You may also need to provide supporting documentation, such as a death certificate and proof of ownership of the property.
Q: Is a Surety Survivor's Affidavit the only way to transfer property after someone passes away?
A: No, a Surety Survivor's Affidavit is one of the options available in New York City for transferring property ownership after a co-owner's death. Other options include probate court or transferring ownership through a will.
Form Details:
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the New York City Department of Finance.