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post redacted - Scott Perry/PA
6/14/2012 8:02:34 PM (2127 views)

US Agency to Sell off Loans to Stem Foreclosures - Leigh Attridge/MA
6/13/2012 5:48:46 PM (3275 views)

Spotted owl could be game-changer in Tombstone water war - Scott Perry/PA
6/12/2012 9:30:38 AM (3216 views)

North Dakota Considers Eliminating Property Tax - Scott Perry/PA
6/12/2012 9:26:33 AM (3744 views)
Re: North Dakota Considers Eliminating Property Tax - Robert Franco/OH
6/12/2012 10:14:49 AM (2376 views)
Re: North Dakota Considers Eliminating Property Tax - Scott Perry/PA
6/12/2012 10:33:32 AM (2370 views)
Re: North Dakota Considers Eliminating Property Tax - Robert Franco/OH
6/12/2012 10:42:45 AM (2278 views)
Re: North Dakota Considers Eliminating Property Tax - Scott Perry/PA
6/12/2012 11:04:26 AM (4470 views)
Re: North Dakota Considers Eliminating Property Tax - Donna McCullough/SC
6/25/2012 5:54:17 PM (2343 views)

Lawyers Advantage - doesn't pay - Serena Stout/VA
6/11/2012 10:58:38 AM (2253 views)
Re: Lawyers Advantage - doesn't pay - Scott Perry/PA
6/11/2012 11:03:09 AM (2593 views)
Re: Lawyers Advantage - doesn't pay - Leigh Attridge/MA
6/11/2012 2:59:42 PM (2506 views)
Re: Lawyers Advantage - doesn't pay - Donna McCullough/SC
6/25/2012 6:00:46 PM (2223 views)


Real Title Services


Alabama Adopts Due Process for Property Rights Act - Scott Perry/PA
6/8/2012 11:26:59 AM (3796 views)
Re: Alabama Adopts Due Process for Property Rights Act - Slade Smith/OH
6/8/2012 12:47:15 PM (2316 views)
Re: Alabama Adopts Due Process for Property Rights Act - Scott Perry/PA
6/8/2012 1:19:23 PM (2324 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 (4996 views)
Re: Alabama Adopts Due Process for Property Rights Act - Slade Smith/OH
6/8/2012 11:10:14 PM (2348 views)
Re: Alabama Adopts Due Process for Property Rights Act - Scott Perry/PA
6/8/2012 11:34:12 PM (2409 views)

Thieves of Light Built by Barbarians - Leigh Attridge/MA
6/8/2012 8:59:36 AM (3822 views)
Re: Thieves of Light Built by Barbarians - Scott Perry/PA
6/8/2012 11:17:44 AM (4384 views)
Re: Thieves of Light Built by Barbarians - Slade Smith/OH
6/8/2012 11:56:45 AM (2406 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 (2351 views)
Re: Thieves of Light Built by Barbarians - Scott Perry/PA
6/8/2012 12:58:25 PM (2358 views)

Broker yield spread premiums, re-labled - CHARLENE  PERRY/MD
6/7/2012 4:08:07 PM (2095 views)
Re: Broker yield spread premiums, re-labled - Wyatt Bell/FL
6/7/2012 5:13:26 PM (2463 views)
Re: Broker yield spread premiums, re-labled - CHARLENE  PERRY/MD
6/7/2012 10:22:08 PM (2446 views)
Re: Broker yield spread premiums, re-labled - Wyatt Bell/FL
6/8/2012 8:48:31 AM (2360 views)

Fidelity National and kickbacks - CHARLENE  PERRY/MD
6/7/2012 1:41:02 PM (2004 views)

Life Estate - F P/VA
6/7/2012 10:17:34 AM (2302 views)
Re: Life Estate - F P/VA
6/7/2012 10:26:20 AM (2747 views)
Re: Life Estate - F P/VA
6/7/2012 11:01:00 AM (2635 views)
Re: Life Estate - Robert Franco/OH
6/7/2012 4:23:14 PM (2739 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 (2473 views)

Marion Sandler, Home Lender Who Made Billions, Dies at 81 - Scott Perry/PA
6/7/2012 9:32:22 AM (3260 views)

Assessor's Office in the Basement - Jay D/MO
6/5/2012 7:58:57 PM (2233 views)
Re: Assessor's Office in the Basement - Scott Perry/PA
6/6/2012 1:36:10 PM (2698 views)
Re: Assessor's Office in the Basement - Robert Franco/OH
6/6/2012 2:44:30 PM (2786 views)
Re: Assessor's Office in the Basement - Jay D/MO
6/7/2012 1:17:33 AM (2763 views)
Re: Assessor's Office in the Basement - Scott Perry/PA
6/7/2012 9:25:38 AM (2610 views)

Middlesex North Registry of Deeds computer malfunctioning - Leigh Attridge/MA
6/5/2012 3:16:16 PM (2288 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jessica Talley/FL
6/6/2012 9:24:51 AM (2603 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Scott Perry/PA
6/6/2012 9:35:56 AM (2561 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jessica Talley/FL
6/6/2012 9:41:06 AM (2510 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 (2431 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jeffrey Land/NJ
6/12/2012 11:08:17 AM (2442 views)
Re: Middlesex North Registry of Deeds computer malfunctioning - Jessica Talley/FL
6/12/2012 11:13:04 AM (2412 views)

EPA defends aerial surveillance - Scott Perry/PA
6/5/2012 7:45:54 AM (3129 views)

New Value for Land in Rural Ohio - Leigh Attridge/MA
6/5/2012 7:30:23 AM (3552 views)
Re: New Value for Land in Rural Ohio - Alix Ott/MI
6/5/2012 12:01:44 PM (2428 views)
Re: New Value for Land in Rural Ohio - Leigh Attridge/MA
6/5/2012 1:24:03 PM (2512 views)
Re: New Value for Land in Rural Ohio - Alix Ott/MI
6/5/2012 1:43:45 PM (2481 views)
Re: New Value for Land in Rural Ohio - Scott Perry/PA
6/5/2012 2:07:18 PM (2602 views)
Re: New Value for Land in Rural Ohio - Leigh Attridge/MA
6/5/2012 2:14:45 PM (2495 views)


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