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Friday Funny - Scott Perry/PA
6/15/2012 9:26:19 AM (4140 views)
Re: Friday Funny - Joyce Obrien/PA
6/15/2012 10:30:40 AM (3128 views)
Re: Friday Funny - Scott Perry/PA
6/15/2012 12:28:41 PM (3058 views)

post redacted - Scott Perry/PA
6/14/2012 8:02:34 PM (2491 views)

US Agency to Sell off Loans to Stem Foreclosures - Leigh Attridge/MA
6/13/2012 5:48:46 PM (3574 views)

Spotted owl could be game-changer in Tombstone water war - Scott Perry/PA
6/12/2012 9:30:38 AM (3519 views)

North Dakota Considers Eliminating Property Tax - Scott Perry/PA
6/12/2012 9:26:33 AM (4195 views)
Re: North Dakota Considers Eliminating Property Tax - Robert Franco/OH
6/12/2012 10:14:49 AM (3138 views)
Re: North Dakota Considers Eliminating Property Tax - Scott Perry/PA
6/12/2012 10:33:32 AM (3112 views)
Re: North Dakota Considers Eliminating Property Tax - Robert Franco/OH
6/12/2012 10:42:45 AM (3005 views)
Re: North Dakota Considers Eliminating Property Tax - Scott Perry/PA
6/12/2012 11:04:26 AM (5314 views)
Re: North Dakota Considers Eliminating Property Tax - Donna McCullough/SC
6/25/2012 5:54:17 PM (3066 views)


Real Title Services


Lawyers Advantage - doesn't pay - Serena Stout/VA
6/11/2012 10:58:38 AM (2593 views)
Re: Lawyers Advantage - doesn't pay - Scott Perry/PA
6/11/2012 11:03:09 AM (3317 views)
Re: Lawyers Advantage - doesn't pay - Leigh Attridge/MA
6/11/2012 2:59:42 PM (3230 views)
Re: Lawyers Advantage - doesn't pay - Donna McCullough/SC
6/25/2012 6:00:46 PM (2978 views)

Alabama Adopts Due Process for Property Rights Act - Scott Perry/PA
6/8/2012 11:26:59 AM (4247 views)
Re: Alabama Adopts Due Process for Property Rights Act - Slade Smith/OH
6/8/2012 12:47:15 PM (3093 views)
Re: Alabama Adopts Due Process for Property Rights Act - Scott Perry/PA
6/8/2012 1:19:23 PM (3028 views)
Re: Alabama Adopts Due Process for Property Rights Act - Slade Smith/OH
6/8/2012 4:34:51 PM (3298 views)
Re: Alabama Adopts Due Process for Property Rights Act - Scott Perry/PA
6/8/2012 8:45:49 PM (5771 views)
Re: Alabama Adopts Due Process for Property Rights Act - Slade Smith/OH
6/8/2012 11:10:14 PM (3025 views)
Re: Alabama Adopts Due Process for Property Rights Act - Scott Perry/PA
6/8/2012 11:34:12 PM (3137 views)

Thieves of Light Built by Barbarians - Leigh Attridge/MA
6/8/2012 8:59:36 AM (4228 views)
Re: Thieves of Light Built by Barbarians - Scott Perry/PA
6/8/2012 11:17:44 AM (5158 views)
Re: Thieves of Light Built by Barbarians - Slade Smith/OH
6/8/2012 11:56:45 AM (3137 views)
Re: Thieves of Light Built by Barbarians - Scott Perry/PA
6/8/2012 10:00:48 PM (3030 views)
Re: Thieves of Light Built by Barbarians - Leigh Attridge/MA
6/8/2012 12:27:01 PM (3098 views)
Re: Thieves of Light Built by Barbarians - Scott Perry/PA
6/8/2012 12:58:25 PM (3054 views)

Broker yield spread premiums, re-labled - CHARLENE  PERRY/MD
6/7/2012 4:08:07 PM (2468 views)
Re: Broker yield spread premiums, re-labled - Wyatt Bell/FL
6/7/2012 5:13:26 PM (3180 views)
Re: Broker yield spread premiums, re-labled - CHARLENE  PERRY/MD
6/7/2012 10:22:08 PM (3299 views)
Re: Broker yield spread premiums, re-labled - Wyatt Bell/FL
6/8/2012 8:48:31 AM (3065 views)

Fidelity National and kickbacks - CHARLENE  PERRY/MD
6/7/2012 1:41:02 PM (2212 views)

Life Estate - F P/VA
6/7/2012 10:17:34 AM (2646 views)
Re: Life Estate - F P/VA
6/7/2012 10:26:20 AM (3519 views)
Re: Life Estate - F P/VA
6/7/2012 11:01:00 AM (3419 views)
Re: Life Estate - Robert Franco/OH
6/7/2012 4:23:14 PM (3524 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 (3234 views)

Marion Sandler, Home Lender Who Made Billions, Dies at 81 - Scott Perry/PA
6/7/2012 9:32:22 AM (3580 views)

Assessor's Office in the Basement - Jay D/MO
6/5/2012 7:58:57 PM (2559 views)
Re: Assessor's Office in the Basement - Scott Perry/PA
6/6/2012 1:36:10 PM (3440 views)
Re: Assessor's Office in the Basement - Robert Franco/OH
6/6/2012 2:44:30 PM (3568 views)
Re: Assessor's Office in the Basement - Jay D/MO
6/7/2012 1:17:33 AM (3501 views)
Re: Assessor's Office in the Basement - Scott Perry/PA
6/7/2012 9:25:38 AM (3375 views)

Middlesex North Registry of Deeds computer malfunctioning - Leigh Attridge/MA
6/5/2012 3:16:16 PM (2626 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jessica Talley/FL
6/6/2012 9:24:51 AM (3364 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Scott Perry/PA
6/6/2012 9:35:56 AM (3320 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jessica Talley/FL
6/6/2012 9:41:06 AM (3257 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jeffrey Land/NJ
6/11/2012 2:11:27 PM (3187 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jessica Talley/FL
6/11/2012 6:02:48 PM (3159 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jeffrey Land/NJ
6/12/2012 11:08:17 AM (3171 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jessica Talley/FL
6/12/2012 11:13:04 AM (3179 views)

EPA defends aerial surveillance - Scott Perry/PA
6/5/2012 7:45:54 AM (3438 views)


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