Definition of «deceased party»

The term "deceased party" refers to a person who has passed away and is no longer alive. It can be used in legal or administrative contexts when referring to someone who has died, such as in wills, estate planning, or other official documents where the status of being deceased needs to be noted.

Sentences with «deceased party»

Yes, upon the death of the benefitting student, if the borrower dies and there is no cosigner, and if there is a cosigner, the loan will be forgiven only as to the deceased party. (studentloans.com)
If the ownership if «tenancy in common,» the deceased party's interest forms part of his / her estate and is distributed according to the will. (moneysense.ca)
Further to your question, if a home is owned in «joint tenancy,» the deceased party's interest simply passes to the other owner. (moneysense.ca)
(see all sentences)