Ohio Code 1548.071 – Joint ownership with right of survivorship
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Any two persons may establish in accordance with section 2131.12 of the Revised Code joint ownership with right of survivorship in a watercraft or outboard motor for which a certificate of title is required under this chapter and that one or both of them owns. Two persons who establish joint ownership with right of survivorship in a watercraft or outboard motor in accordance with section 2131.12 of the Revised Code may terminate the joint ownership with right of survivorship by applying for a title in accordance with this chapter.
Terms Used In Ohio Code 1548.071
- Right of survivorship: The ownership rights that result in the acquisition of title to property by reason of having survived other co-owners.