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Property Keyed to Saxer
Estate of Phillips v. Nyhus
Citation:
124 Wash. 2d 80, 874 P.2d 154Facts
Phillips and Nyhus had agreed to be joint tenants in a property, and Phillips obtained a quitclaim deed conveying the property to himself and Nyhus. Specifically, the quitclaim deed read in part that the two would co-own the property as joint tenants with right of survivorship. Phillips and Nyhus were then in the process of selling the property, and entered into an earnest money agreement with a third party, essentially functioning as a deposit for the third party’s purchase of the property. Prior to the sale to the third party being finalized, Phillips died. The sale continued, and a dispute between Nyhus and the Estate of Phillips over the distribution of the proceeds resulted in this lawsuit.
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Topic Resources
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Joint Tenancy and Tenancy by the Entirety Intro to Concurrent Estates and Tenancy in Common