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Dusky gopher frog habitat designated in St. Tammany Parish - Scott Perry/PA
6/19/2012 11:44:18 AM (4085 views)

Problems with Middlesex North ROD - Leigh Attridge/MA
6/18/2012 3:37:36 PM (2835 views)
Re: Problems with Middlesex North ROD - Robert Franco/OH
6/18/2012 4:58:49 PM (3419 views)
Re: Problems with Middlesex North ROD - Leigh Attridge/MA
6/18/2012 5:14:13 PM (3390 views)
Re: Problems with Middlesex North ROD - Mark Constable/MA
7/12/2012 2:04:11 PM (3300 views)
Re: Problems with Middlesex North ROD - Leigh Attridge/MA
7/12/2012 2:31:25 PM (3209 views)

WebTitle Agency Continues Growth Through Merger with Customized Lender's Services - Alan Roides/NY
6/18/2012 1:51:24 PM (4594 views)

Friday Funny - Scott Perry/PA
6/15/2012 9:26:19 AM (4282 views)
Re: Friday Funny - Joyce Obrien/PA
6/15/2012 10:30:40 AM (3423 views)
Re: Friday Funny - Scott Perry/PA
6/15/2012 12:28:41 PM (3335 views)

post redacted - Scott Perry/PA
6/14/2012 8:02:34 PM (2593 views)


Real Title Services


US Agency to Sell off Loans to Stem Foreclosures - Leigh Attridge/MA
6/13/2012 5:48:46 PM (3678 views)

Spotted owl could be game-changer in Tombstone water war - Scott Perry/PA
6/12/2012 9:30:38 AM (3616 views)

North Dakota Considers Eliminating Property Tax - Scott Perry/PA
6/12/2012 9:26:33 AM (4365 views)
Re: North Dakota Considers Eliminating Property Tax - Robert Franco/OH
6/12/2012 10:14:49 AM (3416 views)
Re: North Dakota Considers Eliminating Property Tax - Scott Perry/PA
6/12/2012 10:33:32 AM (3386 views)
Re: North Dakota Considers Eliminating Property Tax - Robert Franco/OH
6/12/2012 10:42:45 AM (3257 views)
Re: North Dakota Considers Eliminating Property Tax - Scott Perry/PA
6/12/2012 11:04:26 AM (5613 views)
Re: North Dakota Considers Eliminating Property Tax - Donna McCullough/SC
6/25/2012 5:54:17 PM (3327 views)

Lawyers Advantage - doesn't pay - Serena Stout/VA
6/11/2012 10:58:38 AM (2697 views)
Re: Lawyers Advantage - doesn't pay - Scott Perry/PA
6/11/2012 11:03:09 AM (3575 views)
Re: Lawyers Advantage - doesn't pay - Leigh Attridge/MA
6/11/2012 2:59:42 PM (3485 views)
Re: Lawyers Advantage - doesn't pay - Donna McCullough/SC
6/25/2012 6:00:46 PM (3230 views)

Alabama Adopts Due Process for Property Rights Act - Scott Perry/PA
6/8/2012 11:26:59 AM (4402 views)
Re: Alabama Adopts Due Process for Property Rights Act - Slade Smith/OH
6/8/2012 12:47:15 PM (3358 views)
Re: Alabama Adopts Due Process for Property Rights Act - Scott Perry/PA
6/8/2012 1:19:23 PM (3294 views)
Re: Alabama Adopts Due Process for Property Rights Act - Slade Smith/OH
6/8/2012 4:34:51 PM (3562 views)
Re: Alabama Adopts Due Process for Property Rights Act - Scott Perry/PA
6/8/2012 8:45:49 PM (6051 views)
Re: Alabama Adopts Due Process for Property Rights Act - Slade Smith/OH
6/8/2012 11:10:14 PM (3283 views)
Re: Alabama Adopts Due Process for Property Rights Act - Scott Perry/PA
6/8/2012 11:34:12 PM (3396 views)

Thieves of Light Built by Barbarians - Leigh Attridge/MA
6/8/2012 8:59:36 AM (4356 views)
Re: Thieves of Light Built by Barbarians - Scott Perry/PA
6/8/2012 11:17:44 AM (5446 views)
Re: Thieves of Light Built by Barbarians - Slade Smith/OH
6/8/2012 11:56:45 AM (3432 views)
Re: Thieves of Light Built by Barbarians - Scott Perry/PA
6/8/2012 10:00:48 PM (3290 views)
Re: Thieves of Light Built by Barbarians - Leigh Attridge/MA
6/8/2012 12:27:01 PM (3374 views)
Re: Thieves of Light Built by Barbarians - Scott Perry/PA
6/8/2012 12:58:25 PM (3317 views)

Broker yield spread premiums, re-labled - CHARLENE  PERRY/MD
6/7/2012 4:08:07 PM (2575 views)
Re: Broker yield spread premiums, re-labled - Wyatt Bell/FL
6/7/2012 5:13:26 PM (3515 views)
Re: Broker yield spread premiums, re-labled - CHARLENE  PERRY/MD
6/7/2012 10:22:08 PM (3564 views)
Re: Broker yield spread premiums, re-labled - Wyatt Bell/FL
6/8/2012 8:48:31 AM (3314 views)

Fidelity National and kickbacks - CHARLENE  PERRY/MD
6/7/2012 1:41:02 PM (2316 views)

Life Estate - F P/VA
6/7/2012 10:17:34 AM (2749 views)
Re: Life Estate - F P/VA
6/7/2012 10:26:20 AM (3755 views)
Re: Life Estate - F P/VA
6/7/2012 11:01:00 AM (3659 views)
Re: Life Estate - Robert Franco/OH
6/7/2012 4:23:14 PM (3745 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 (3460 views)

Marion Sandler, Home Lender Who Made Billions, Dies at 81 - Scott Perry/PA
6/7/2012 9:32:22 AM (3686 views)


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