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Fidelity National and kickbacks - CHARLENE  PERRY/MD
6/7/2012 1:41:02 PM (2408 views)

Life Estate - F P/VA
6/7/2012 10:17:34 AM (2855 views)
Re: Life Estate - F P/VA
6/7/2012 10:26:20 AM (4090 views)
Re: Life Estate - F P/VA
6/7/2012 11:01:00 AM (3991 views)
Re: Life Estate - Robert Franco/OH
6/7/2012 4:23:14 PM (4091 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 (3805 views)

Marion Sandler, Home Lender Who Made Billions, Dies at 81 - Scott Perry/PA
6/7/2012 9:32:22 AM (3830 views)

Assessor's Office in the Basement - Jay D/MO
6/5/2012 7:58:57 PM (2865 views)
Re: Assessor's Office in the Basement - Scott Perry/PA
6/6/2012 1:36:10 PM (4070 views)
Re: Assessor's Office in the Basement - Robert Franco/OH
6/6/2012 2:44:30 PM (4179 views)
Re: Assessor's Office in the Basement - Jay D/MO
6/7/2012 1:17:33 AM (4102 views)
Re: Assessor's Office in the Basement - Scott Perry/PA
6/7/2012 9:25:38 AM (3985 views)

Middlesex North Registry of Deeds computer malfunctioning - Leigh Attridge/MA
6/5/2012 3:16:16 PM (2864 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jessica Talley/FL
6/6/2012 9:24:51 AM (4009 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Scott Perry/PA
6/6/2012 9:35:56 AM (3998 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jessica Talley/FL
6/6/2012 9:41:06 AM (3912 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jeffrey Land/NJ
6/11/2012 2:11:27 PM (3766 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jessica Talley/FL
6/11/2012 6:02:48 PM (3714 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jeffrey Land/NJ
6/12/2012 11:08:17 AM (3763 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jessica Talley/FL
6/12/2012 11:13:04 AM (3744 views)




EPA defends aerial surveillance - Scott Perry/PA
6/5/2012 7:45:54 AM (3732 views)

New Value for Land in Rural Ohio - Leigh Attridge/MA
6/5/2012 7:30:23 AM (4237 views)
Re: New Value for Land in Rural Ohio - Alix Ott/MI
6/5/2012 12:01:44 PM (3864 views)
Re: New Value for Land in Rural Ohio - Leigh Attridge/MA
6/5/2012 1:24:03 PM (3999 views)
Re: New Value for Land in Rural Ohio - Alix Ott/MI
6/5/2012 1:43:45 PM (3949 views)
Re: New Value for Land in Rural Ohio - Scott Perry/PA
6/5/2012 2:07:18 PM (4114 views)
Re: New Value for Land in Rural Ohio - Leigh Attridge/MA
6/5/2012 2:14:45 PM (3985 views)

Comment on ""You Didn't Really Want That Tree, Did You?"" - Source of Title/OH
6/4/2012 5:20:40 PM (2488 views)
A broad swathe - Leigh Attridge/MA
6/4/2012 5:20:40 PM (3990 views)
Re: Comment on ""You Didn't Really Want That Tree, Did You?"" - Scott Perry/PA
6/4/2012 10:09:29 PM (3932 views)
The broad language is offensive... - Robert Franco/OH
6/5/2012 9:25:08 AM (3891 views)
NSTAR Plans to Cut 1000 trees - Leigh Attridge/MA
6/6/2012 1:00:06 PM (6108 views)
Re: NSTAR Plans to Cut 1000 trees - Slade Smith/OH
6/6/2012 8:48:26 PM (4091 views)
Re: NSTAR Plans to Cut 1000 trees - Leigh Attridge/MA
6/7/2012 11:25:45 AM (3838 views)
Re: NSTAR Plans to Cut 1000 trees - Slade Smith/OH
6/7/2012 12:12:09 PM (3830 views)
Re: NSTAR Plans to Cut 1000 trees - Leigh Attridge/MA
6/7/2012 1:15:47 PM (3881 views)

Jersey City, Boonton in dispute over repairing cliff that threatens to damage properties - Scott Perry/PA
6/4/2012 9:20:58 AM (3493 views)

If These Barns Could Talk - Leigh Attridge/MA
6/3/2012 9:04:44 AM (3605 views)

The Mortgage Fraud Fraud - Leigh Attridge/MA
6/2/2012 10:24:11 PM (3969 views)

BBB Warns Consumers about Letters from Senior Advisory Center - Scott Perry/PA
6/2/2012 12:04:27 AM (3736 views)

New York landowners seek to overturn fracking ban - Scott Perry/PA
6/1/2012 1:27:03 PM (2137 views)

Half of Detroit's Lights May Go Dark as City Shrinks Itself - Scott Perry/PA
6/1/2012 1:04:54 PM (4191 views)
Re: Half of Detroit's Lights May Go Dark as City Shrinks Itself - george Hubka/MI
6/4/2012 1:21:23 PM (4017 views)
Re: Half of Detroit's Lights May Go Dark as City Shrinks Itself - Leigh Attridge/MA
6/4/2012 5:22:02 PM (4065 views)
Re: Half of Detroit's Lights May Go Dark as City Shrinks Itself - Scott Perry/PA
6/4/2012 9:58:44 PM (6310 views)
Re: Half of Detroit's Lights May Go Dark as City Shrinks Itself - Leigh Attridge/MA
6/4/2012 10:41:42 PM (4030 views)
Re: Half of Detroit's Lights May Go Dark as City Shrinks Itself - Scott Perry/PA
6/4/2012 10:47:32 PM (4012 views)
Re: Half of Detroit's Lights May Go Dark as City Shrinks Itself - Leigh Attridge/MA
6/4/2012 11:10:34 PM (4086 views)
Re: Half of Detroit's Lights May Go Dark as City Shrinks Itself - Scott Perry/PA
6/5/2012 6:54:44 AM (4015 views)

How to Make Law School Affordable - Leigh Attridge/MA
6/1/2012 12:08:08 PM (4217 views)
Re: How to Make Law School Affordable - Slade Smith/OH
6/4/2012 12:10:39 AM (4038 views)


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