To Transfer Ownership of a Check from One Party to Another

question 19

Short Answer

To transfer ownership of a check from one party to another, it is necessary to ________ the check.

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Definitions:

Nonprobate

Refers to assets or property that will pass to survivors by means other than a will, such as through trust or designated beneficiary.

Ambulatory

A term pertaining to the ability of a will to be changed by a testator.

Bequest

The act of giving property or money to someone else after one's death through a will.

Devise

In law, a gift of real property by will.