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Broker yield spread premiums, re-labled - CHARLENE  PERRY/MD
6/7/2012 4:08:07 PM (2587 views)
Re: Broker yield spread premiums, re-labled - Wyatt Bell/FL
6/7/2012 5:13:26 PM (3539 views)
Re: Broker yield spread premiums, re-labled - CHARLENE  PERRY/MD
6/7/2012 10:22:08 PM (3593 views)
Re: Broker yield spread premiums, re-labled - Wyatt Bell/FL
6/8/2012 8:48:31 AM (3336 views)

Fidelity National and kickbacks - CHARLENE  PERRY/MD
6/7/2012 1:41:02 PM (2324 views)

Life Estate - F P/VA
6/7/2012 10:17:34 AM (2762 views)
Re: Life Estate - F P/VA
6/7/2012 10:26:20 AM (3772 views)
Re: Life Estate - F P/VA
6/7/2012 11:01:00 AM (3686 views)
Re: Life Estate - Robert Franco/OH
6/7/2012 4:23:14 PM (3767 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 (3480 views)

Marion Sandler, Home Lender Who Made Billions, Dies at 81 - Scott Perry/PA
6/7/2012 9:32:22 AM (3702 views)

Assessor's Office in the Basement - Jay D/MO
6/5/2012 7:58:57 PM (2721 views)
Re: Assessor's Office in the Basement - Scott Perry/PA
6/6/2012 1:36:10 PM (3761 views)
Re: Assessor's Office in the Basement - Robert Franco/OH
6/6/2012 2:44:30 PM (3870 views)
Re: Assessor's Office in the Basement - Jay D/MO
6/7/2012 1:17:33 AM (3780 views)
Re: Assessor's Office in the Basement - Scott Perry/PA
6/7/2012 9:25:38 AM (3652 views)




Middlesex North Registry of Deeds computer malfunctioning - Leigh Attridge/MA
6/5/2012 3:16:16 PM (2766 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jessica Talley/FL
6/6/2012 9:24:51 AM (3697 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Scott Perry/PA
6/6/2012 9:35:56 AM (3669 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jessica Talley/FL
6/6/2012 9:41:06 AM (3594 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jeffrey Land/NJ
6/11/2012 2:11:27 PM (3462 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jessica Talley/FL
6/11/2012 6:02:48 PM (3407 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jeffrey Land/NJ
6/12/2012 11:08:17 AM (3438 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jessica Talley/FL
6/12/2012 11:13:04 AM (3442 views)

EPA defends aerial surveillance - Scott Perry/PA
6/5/2012 7:45:54 AM (3629 views)

New Value for Land in Rural Ohio - Leigh Attridge/MA
6/5/2012 7:30:23 AM (4132 views)
Re: New Value for Land in Rural Ohio - Alix Ott/MI
6/5/2012 12:01:44 PM (3537 views)
Re: New Value for Land in Rural Ohio - Leigh Attridge/MA
6/5/2012 1:24:03 PM (3671 views)
Re: New Value for Land in Rural Ohio - Alix Ott/MI
6/5/2012 1:43:45 PM (3569 views)
Re: New Value for Land in Rural Ohio - Scott Perry/PA
6/5/2012 2:07:18 PM (3763 views)
Re: New Value for Land in Rural Ohio - Leigh Attridge/MA
6/5/2012 2:14:45 PM (3623 views)

Comment on ""You Didn't Really Want That Tree, Did You?"" - Source of Title/OH
6/4/2012 5:20:40 PM (2364 views)
A broad swathe - Leigh Attridge/MA
6/4/2012 5:20:40 PM (3644 views)
Re: Comment on ""You Didn't Really Want That Tree, Did You?"" - Scott Perry/PA
6/4/2012 10:09:29 PM (3597 views)
The broad language is offensive... - Robert Franco/OH
6/5/2012 9:25:08 AM (3543 views)
NSTAR Plans to Cut 1000 trees - Leigh Attridge/MA
6/6/2012 1:00:06 PM (5762 views)
Re: NSTAR Plans to Cut 1000 trees - Slade Smith/OH
6/6/2012 8:48:26 PM (3753 views)
Re: NSTAR Plans to Cut 1000 trees - Leigh Attridge/MA
6/7/2012 11:25:45 AM (3502 views)
Re: NSTAR Plans to Cut 1000 trees - Slade Smith/OH
6/7/2012 12:12:09 PM (3495 views)
Re: NSTAR Plans to Cut 1000 trees - Leigh Attridge/MA
6/7/2012 1:15:47 PM (3544 views)

Jersey City, Boonton in dispute over repairing cliff that threatens to damage properties - Scott Perry/PA
6/4/2012 9:20:58 AM (3401 views)

If These Barns Could Talk - Leigh Attridge/MA
6/3/2012 9:04:44 AM (3474 views)

The Mortgage Fraud Fraud - Leigh Attridge/MA
6/2/2012 10:24:11 PM (3863 views)

BBB Warns Consumers about Letters from Senior Advisory Center - Scott Perry/PA
6/2/2012 12:04:27 AM (3648 views)

New York landowners seek to overturn fracking ban - Scott Perry/PA
6/1/2012 1:27:03 PM (2049 views)

Half of Detroit's Lights May Go Dark as City Shrinks Itself - Scott Perry/PA
6/1/2012 1:04:54 PM (4080 views)
Re: Half of Detroit's Lights May Go Dark as City Shrinks Itself - george Hubka/MI
6/4/2012 1:21:23 PM (3671 views)
Re: Half of Detroit's Lights May Go Dark as City Shrinks Itself - Leigh Attridge/MA
6/4/2012 5:22:02 PM (3706 views)
Re: Half of Detroit's Lights May Go Dark as City Shrinks Itself - Scott Perry/PA
6/4/2012 9:58:44 PM (5968 views)
Re: Half of Detroit's Lights May Go Dark as City Shrinks Itself - Leigh Attridge/MA
6/4/2012 10:41:42 PM (3671 views)
Re: Half of Detroit's Lights May Go Dark as City Shrinks Itself - Scott Perry/PA
6/4/2012 10:47:32 PM (3621 views)
Re: Half of Detroit's Lights May Go Dark as City Shrinks Itself - Leigh Attridge/MA
6/4/2012 11:10:34 PM (3713 views)
Re: Half of Detroit's Lights May Go Dark as City Shrinks Itself - Scott Perry/PA
6/5/2012 6:54:44 AM (3667 views)


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