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US Agency to Sell off Loans to Stem Foreclosures - Leigh Attridge/MA
6/13/2012 5:48:46 PM (3621 views)

Spotted owl could be game-changer in Tombstone water war - Scott Perry/PA
6/12/2012 9:30:38 AM (3565 views)

North Dakota Considers Eliminating Property Tax - Scott Perry/PA
6/12/2012 9:26:33 AM (4257 views)
Re: North Dakota Considers Eliminating Property Tax - Robert Franco/OH
6/12/2012 10:14:49 AM (3240 views)
Re: North Dakota Considers Eliminating Property Tax - Scott Perry/PA
6/12/2012 10:33:32 AM (3213 views)
Re: North Dakota Considers Eliminating Property Tax - Robert Franco/OH
6/12/2012 10:42:45 AM (3108 views)
Re: North Dakota Considers Eliminating Property Tax - Scott Perry/PA
6/12/2012 11:04:26 AM (5425 views)
Re: North Dakota Considers Eliminating Property Tax - Donna McCullough/SC
6/25/2012 5:54:17 PM (3179 views)

Lawyers Advantage - doesn't pay - Serena Stout/VA
6/11/2012 10:58:38 AM (2637 views)
Re: Lawyers Advantage - doesn't pay - Scott Perry/PA
6/11/2012 11:03:09 AM (3413 views)
Re: Lawyers Advantage - doesn't pay - Leigh Attridge/MA
6/11/2012 2:59:42 PM (3324 views)
Re: Lawyers Advantage - doesn't pay - Donna McCullough/SC
6/25/2012 6:00:46 PM (3075 views)

Alabama Adopts Due Process for Property Rights Act - Scott Perry/PA
6/8/2012 11:26:59 AM (4309 views)
Re: Alabama Adopts Due Process for Property Rights Act - Slade Smith/OH
6/8/2012 12:47:15 PM (3192 views)
Re: Alabama Adopts Due Process for Property Rights Act - Scott Perry/PA
6/8/2012 1:19:23 PM (3149 views)
Re: Alabama Adopts Due Process for Property Rights Act - Slade Smith/OH
6/8/2012 4:34:51 PM (3395 views)
Re: Alabama Adopts Due Process for Property Rights Act - Scott Perry/PA
6/8/2012 8:45:49 PM (5884 views)
Re: Alabama Adopts Due Process for Property Rights Act - Slade Smith/OH
6/8/2012 11:10:14 PM (3123 views)
Re: Alabama Adopts Due Process for Property Rights Act - Scott Perry/PA
6/8/2012 11:34:12 PM (3233 views)


Real Title Services


Thieves of Light Built by Barbarians - Leigh Attridge/MA
6/8/2012 8:59:36 AM (4285 views)
Re: Thieves of Light Built by Barbarians - Scott Perry/PA
6/8/2012 11:17:44 AM (5264 views)
Re: Thieves of Light Built by Barbarians - Slade Smith/OH
6/8/2012 11:56:45 AM (3266 views)
Re: Thieves of Light Built by Barbarians - Scott Perry/PA
6/8/2012 10:00:48 PM (3137 views)
Re: Thieves of Light Built by Barbarians - Leigh Attridge/MA
6/8/2012 12:27:01 PM (3216 views)
Re: Thieves of Light Built by Barbarians - Scott Perry/PA
6/8/2012 12:58:25 PM (3163 views)

Broker yield spread premiums, re-labled - CHARLENE  PERRY/MD
6/7/2012 4:08:07 PM (2516 views)
Re: Broker yield spread premiums, re-labled - Wyatt Bell/FL
6/7/2012 5:13:26 PM (3328 views)
Re: Broker yield spread premiums, re-labled - CHARLENE  PERRY/MD
6/7/2012 10:22:08 PM (3415 views)
Re: Broker yield spread premiums, re-labled - Wyatt Bell/FL
6/8/2012 8:48:31 AM (3176 views)

Fidelity National and kickbacks - CHARLENE  PERRY/MD
6/7/2012 1:41:02 PM (2264 views)

Life Estate - F P/VA
6/7/2012 10:17:34 AM (2689 views)
Re: Life Estate - F P/VA
6/7/2012 10:26:20 AM (3608 views)
Re: Life Estate - F P/VA
6/7/2012 11:01:00 AM (3521 views)
Re: Life Estate - Robert Franco/OH
6/7/2012 4:23:14 PM (3612 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 (3321 views)

Marion Sandler, Home Lender Who Made Billions, Dies at 81 - Scott Perry/PA
6/7/2012 9:32:22 AM (3628 views)

Assessor's Office in the Basement - Jay D/MO
6/5/2012 7:58:57 PM (2630 views)
Re: Assessor's Office in the Basement - Scott Perry/PA
6/6/2012 1:36:10 PM (3576 views)
Re: Assessor's Office in the Basement - Robert Franco/OH
6/6/2012 2:44:30 PM (3697 views)
Re: Assessor's Office in the Basement - Jay D/MO
6/7/2012 1:17:33 AM (3620 views)
Re: Assessor's Office in the Basement - Scott Perry/PA
6/7/2012 9:25:38 AM (3474 views)

Middlesex North Registry of Deeds computer malfunctioning - Leigh Attridge/MA
6/5/2012 3:16:16 PM (2673 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jessica Talley/FL
6/6/2012 9:24:51 AM (3505 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Scott Perry/PA
6/6/2012 9:35:56 AM (3475 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jessica Talley/FL
6/6/2012 9:41:06 AM (3402 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jeffrey Land/NJ
6/11/2012 2:11:27 PM (3276 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jessica Talley/FL
6/11/2012 6:02:48 PM (3245 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jeffrey Land/NJ
6/12/2012 11:08:17 AM (3256 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jessica Talley/FL
6/12/2012 11:13:04 AM (3267 views)

EPA defends aerial surveillance - Scott Perry/PA
6/5/2012 7:45:54 AM (3497 views)

New Value for Land in Rural Ohio - Leigh Attridge/MA
6/5/2012 7:30:23 AM (3980 views)
Re: New Value for Land in Rural Ohio - Alix Ott/MI
6/5/2012 12:01:44 PM (3296 views)
Re: New Value for Land in Rural Ohio - Leigh Attridge/MA
6/5/2012 1:24:03 PM (3434 views)
Re: New Value for Land in Rural Ohio - Alix Ott/MI
6/5/2012 1:43:45 PM (3328 views)
Re: New Value for Land in Rural Ohio - Scott Perry/PA
6/5/2012 2:07:18 PM (3522 views)
Re: New Value for Land in Rural Ohio - Leigh Attridge/MA
6/5/2012 2:14:45 PM (3380 views)

Comment on ""You Didn't Really Want That Tree, Did You?"" - Source of Title/OH
6/4/2012 5:20:40 PM (2279 views)
A broad swathe - Leigh Attridge/MA
6/4/2012 5:20:40 PM (3451 views)
Re: Comment on ""You Didn't Really Want That Tree, Did You?"" - Scott Perry/PA
6/4/2012 10:09:29 PM (3401 views)
The broad language is offensive... - Robert Franco/OH
6/5/2012 9:25:08 AM (3342 views)
NSTAR Plans to Cut 1000 trees - Leigh Attridge/MA
6/6/2012 1:00:06 PM (5556 views)
Re: NSTAR Plans to Cut 1000 trees - Slade Smith/OH
6/6/2012 8:48:26 PM (3556 views)
Re: NSTAR Plans to Cut 1000 trees - Leigh Attridge/MA
6/7/2012 11:25:45 AM (3328 views)
Re: NSTAR Plans to Cut 1000 trees - Slade Smith/OH
6/7/2012 12:12:09 PM (3338 views)
Re: NSTAR Plans to Cut 1000 trees - Leigh Attridge/MA
6/7/2012 1:15:47 PM (3380 views)


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