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US Agency to Sell off Loans to Stem Foreclosures - Leigh Attridge/MA
6/13/2012 5:48:46 PM (3282 views)

Spotted owl could be game-changer in Tombstone water war - Scott Perry/PA
6/12/2012 9:30:38 AM (3221 views)

North Dakota Considers Eliminating Property Tax - Scott Perry/PA
6/12/2012 9:26:33 AM (3753 views)
Re: North Dakota Considers Eliminating Property Tax - Robert Franco/OH
6/12/2012 10:14:49 AM (2382 views)
Re: North Dakota Considers Eliminating Property Tax - Scott Perry/PA
6/12/2012 10:33:32 AM (2374 views)
Re: North Dakota Considers Eliminating Property Tax - Robert Franco/OH
6/12/2012 10:42:45 AM (2280 views)
Re: North Dakota Considers Eliminating Property Tax - Scott Perry/PA
6/12/2012 11:04:26 AM (4478 views)
Re: North Dakota Considers Eliminating Property Tax - Donna McCullough/SC
6/25/2012 5:54:17 PM (2349 views)

Lawyers Advantage - doesn't pay - Serena Stout/VA
6/11/2012 10:58:38 AM (2256 views)
Re: Lawyers Advantage - doesn't pay - Scott Perry/PA
6/11/2012 11:03:09 AM (2595 views)
Re: Lawyers Advantage - doesn't pay - Leigh Attridge/MA
6/11/2012 2:59:42 PM (2511 views)
Re: Lawyers Advantage - doesn't pay - Donna McCullough/SC
6/25/2012 6:00:46 PM (2229 views)

Alabama Adopts Due Process for Property Rights Act - Scott Perry/PA
6/8/2012 11:26:59 AM (3800 views)
Re: Alabama Adopts Due Process for Property Rights Act - Slade Smith/OH
6/8/2012 12:47:15 PM (2318 views)
Re: Alabama Adopts Due Process for Property Rights Act - Scott Perry/PA
6/8/2012 1:19:23 PM (2325 views)
Re: Alabama Adopts Due Process for Property Rights Act - Slade Smith/OH
6/8/2012 4:34:51 PM (2565 views)
Re: Alabama Adopts Due Process for Property Rights Act - Scott Perry/PA
6/8/2012 8:45:49 PM (4998 views)
Re: Alabama Adopts Due Process for Property Rights Act - Slade Smith/OH
6/8/2012 11:10:14 PM (2350 views)
Re: Alabama Adopts Due Process for Property Rights Act - Scott Perry/PA
6/8/2012 11:34:12 PM (2410 views)


Real Title Services


Thieves of Light Built by Barbarians - Leigh Attridge/MA
6/8/2012 8:59:36 AM (3824 views)
Re: Thieves of Light Built by Barbarians - Scott Perry/PA
6/8/2012 11:17:44 AM (4387 views)
Re: Thieves of Light Built by Barbarians - Slade Smith/OH
6/8/2012 11:56:45 AM (2407 views)
Re: Thieves of Light Built by Barbarians - Scott Perry/PA
6/8/2012 10:00:48 PM (2358 views)
Re: Thieves of Light Built by Barbarians - Leigh Attridge/MA
6/8/2012 12:27:01 PM (2352 views)
Re: Thieves of Light Built by Barbarians - Scott Perry/PA
6/8/2012 12:58:25 PM (2361 views)

Broker yield spread premiums, re-labled - CHARLENE  PERRY/MD
6/7/2012 4:08:07 PM (2096 views)
Re: Broker yield spread premiums, re-labled - Wyatt Bell/FL
6/7/2012 5:13:26 PM (2465 views)
Re: Broker yield spread premiums, re-labled - CHARLENE  PERRY/MD
6/7/2012 10:22:08 PM (2450 views)
Re: Broker yield spread premiums, re-labled - Wyatt Bell/FL
6/8/2012 8:48:31 AM (2364 views)

Fidelity National and kickbacks - CHARLENE  PERRY/MD
6/7/2012 1:41:02 PM (2005 views)

Life Estate - F P/VA
6/7/2012 10:17:34 AM (2303 views)
Re: Life Estate - F P/VA
6/7/2012 10:26:20 AM (2754 views)
Re: Life Estate - F P/VA
6/7/2012 11:01:00 AM (2641 views)
Re: Life Estate - Robert Franco/OH
6/7/2012 4:23:14 PM (2742 views)

Very interesting. I think it would help to break it down and take a look at the interest each person held after each conveyance. The following is my opinion, based on common law, but state law may require a different result.

Also, you reference Ralph Alan Lloyd and Ralph Allen Lloyd. I have assumed that was a typo, which is incredibly easy to do with all of these names. I am also assuming Robert Lee Lloyd is Robert Lee Lloyd, Sr. where it does not specify Jr. or Sr.

1. Robert Larry Lloyd holds a life esate and Ralph Alan Lloyd and Robert Lee Lloyd, Jr. have a vested remainder.

2. Robert Larry Lloyd no longer has an interest. Robert Lee Lloyd and Doris Lloyd hold a life estate pur autre vie for the life of Robert Larry Lloyd. Ralph Alan Lloyd and Robert Lee Lloyd, Jr. still have a vested remainder.

3. The heirs of Robert Lee Lloyd and Doris Lloyd hold a life estate pur autre vie for the life of Robert Larry Lloyd. Ralph Alan Lloyd and Robert Lee Lloyd, Jr. still have a vested remainder.

4. Doris Lloyd, Ralph Allen Lloyd, and Robert Lee Lloyd, Jr. (assuming they and Ralph Alan Lloyd are the only heirs of Rober Lee Lloyd, Sr.) conveyed their life estate pur autre vie, and Ralph Alan Lloyd and Robert Lee Lloyd, Jr. conveyed their remainder interest, to Ralph Alan Lloyd. Thus the life estate and remainder interests have merged to create fee simple title in severalty held by Ralph Alan Lloyd.

5. This should confirm that there are not other heirs who may have inherited Robert Lee Lloyd, Sr.'s life estate pur autre vie.

Your analysis is close, I think that you are correct in that Ralph Alan Lloyd owns the property by himself (a fee simply in severalty). And, Robert Larry Lloyd did not need to join in the execution of Deed #4 because he conveyed his life estate in Deed #2. However, when Robert Larry Lloyd conveyed his life estate, it did not void the remainder; it converted it to a life estate pur autre vie (for the life of another) for which there was still a remainder.

Thank you for posting this one... what a doozie! Looks like it came straight off a law school Property final exam.

Best,
Robert A. Franco
SOURCE OF TITLE

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Re: Life Estate - F P/VA
6/7/2012 5:47:17 PM (2477 views)

Marion Sandler, Home Lender Who Made Billions, Dies at 81 - Scott Perry/PA
6/7/2012 9:32:22 AM (3262 views)

Assessor's Office in the Basement - Jay D/MO
6/5/2012 7:58:57 PM (2234 views)
Re: Assessor's Office in the Basement - Scott Perry/PA
6/6/2012 1:36:10 PM (2699 views)
Re: Assessor's Office in the Basement - Robert Franco/OH
6/6/2012 2:44:30 PM (2787 views)
Re: Assessor's Office in the Basement - Jay D/MO
6/7/2012 1:17:33 AM (2767 views)
Re: Assessor's Office in the Basement - Scott Perry/PA
6/7/2012 9:25:38 AM (2612 views)

Middlesex North Registry of Deeds computer malfunctioning - Leigh Attridge/MA
6/5/2012 3:16:16 PM (2290 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jessica Talley/FL
6/6/2012 9:24:51 AM (2606 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Scott Perry/PA
6/6/2012 9:35:56 AM (2565 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jessica Talley/FL
6/6/2012 9:41:06 AM (2513 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jeffrey Land/NJ
6/11/2012 2:11:27 PM (2461 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jessica Talley/FL
6/11/2012 6:02:48 PM (2432 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jeffrey Land/NJ
6/12/2012 11:08:17 AM (2445 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jessica Talley/FL
6/12/2012 11:13:04 AM (2416 views)

EPA defends aerial surveillance - Scott Perry/PA
6/5/2012 7:45:54 AM (3130 views)

New Value for Land in Rural Ohio - Leigh Attridge/MA
6/5/2012 7:30:23 AM (3558 views)
Re: New Value for Land in Rural Ohio - Alix Ott/MI
6/5/2012 12:01:44 PM (2429 views)
Re: New Value for Land in Rural Ohio - Leigh Attridge/MA
6/5/2012 1:24:03 PM (2516 views)
Re: New Value for Land in Rural Ohio - Alix Ott/MI
6/5/2012 1:43:45 PM (2483 views)
Re: New Value for Land in Rural Ohio - Scott Perry/PA
6/5/2012 2:07:18 PM (2604 views)
Re: New Value for Land in Rural Ohio - Leigh Attridge/MA
6/5/2012 2:14:45 PM (2499 views)

Comment on ""You Didn't Really Want That Tree, Did You?"" - Source of Title/OH
6/4/2012 5:20:40 PM (1964 views)
A broad swathe - Leigh Attridge/MA
6/4/2012 5:20:40 PM (2571 views)
Re: Comment on ""You Didn't Really Want That Tree, Did You?"" - Scott Perry/PA
6/4/2012 10:09:29 PM (2554 views)
The broad language is offensive... - Robert Franco/OH
6/5/2012 9:25:08 AM (2500 views)
NSTAR Plans to Cut 1000 trees - Leigh Attridge/MA
6/6/2012 1:00:06 PM (4565 views)
Re: NSTAR Plans to Cut 1000 trees - Slade Smith/OH
6/6/2012 8:48:26 PM (2677 views)
Re: NSTAR Plans to Cut 1000 trees - Leigh Attridge/MA
6/7/2012 11:25:45 AM (2517 views)
Re: NSTAR Plans to Cut 1000 trees - Slade Smith/OH
6/7/2012 12:12:09 PM (2509 views)
Re: NSTAR Plans to Cut 1000 trees - Leigh Attridge/MA
6/7/2012 1:15:47 PM (2577 views)


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