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What is the procedure of mutation of property after the death of co owner? 

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Debts incurred by the joint owner (even if unrelated to the aging parent) can subject the joint account to legal action, and the most typical joint ownership includes the right of survivorship, that is, sole ownership upon death of the other owner, which may not be the result intended by the parent when multiple heirs are involved.
A strict rule against leaving heritable property by a last will stimulated growth of alternative means to arrange the transfer of property after death, such as ‘tailzied succession’.
The most reasonable way in which a species can cope with a high mutation rate is by quasi-truncation selection, whereby a number of mutant genes are eliminated by one "genetic death."
Hiba of the corpus combined with a reservation to the donor of rights in the usufruct permits the donor to enjoy the benefits of the property until death, while securing transfer of the property to chosen successors in a manner which completely avoids the law of succession.
This study also illustrates the necessity of ensuring that mutation characteristics are determined after optimal fixation has occurred.
Our results show that a property in distress affects the value of neighboring properties from the time when the borrower becomes seriously delinquent on the mortgage until well after the bank sells the property to a new owner.
This study shows that the formal laws of the inheritance system are largely irrelevant to how property is actually transferred at death.
There is evidence, that the level of impairment a specific mutation causes can be anticipated by the underlying physico-chemical property change of that mutation.
It appears that the reversion of a given type of mutation is generally produced by a change of the same type that originally produced the mutation itself and this property has provided a means of distingishing between the two types.

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