Wash. Admin. Code § 308-93-380

Current through Register Vol. 24-23, December 1, 2024
Section 308-93-380 - Format required for name and address - Ownership in joint tenancy
(1)What does joint tenancy with rights of survivorship (JTWROS) mean when noted on a certificate of ownership? If a vessel certificate of ownership shows the owners are in joint tenancy with rights of survivorship and one of the named parties dies, ownership vests in the surviving joint owner(s). The department will issue a certificate of ownership in the name of the surviving joint owner(s) upon application supported by a copy of the death certificate issued by a government entity and an application for certificate of ownership signed by the surviving owner(s).
(2)How is joint tenancy with rights of survivorship shown on the application for certificate of ownership? The application for certificate of ownership must show the name of every owner with the phrase "Joint tenants with rights of survivorship" spelled out.
(3)How is joint tenancy with rights of survivorship shown on the certificate of ownership? The certificate of ownership will be printed showing the abbreviation "JTWROS" in the brands/comments section.

Wash. Admin. Code § 308-93-380

Statutory Authority: RCW 88.02.070, 88.02.100. 03-07-076, § 308-93-380, filed 3/18/03, effective 4/18/03; 01-21-071, § 308-93-380, filed 10/18/01, effective 11/18/01; 99-22-059, § 308-93-380, filed 11/1/99, effective 12/2/99. Statutory Authority: 1983 c 7 § 20 and 1983 2nd ex.s. c 3 § 46. 83-23-076 (Order 736-DOL), § 308-93-380, filed 11/18/83.