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If you are the holder of the life estate, you should be able to sign your interest over with a quit claim deed. Consult your attorney for the proper steps in your state. Or a visit to the county courthouse can help, particularly if you can find a time when it is'nt too busy and can ask some questions.
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If granter is not dead can he terminate a life estate?
The grantor can terminate a life estate if she reserved the right to revoke it. Otherwise, only the life estate holder or a judge can terminate a life estate if the life tenant is living.
Can a quit claim deed be used to terminate life use?
Yes. The life tenant could use a quitclaim deed form to terminate their life estate.
Can civil court terminate life estate?
Yes, if the court is provided with compelling enough evidence to render a decision that the life estate should be extinguished.
Does a farm lease terminate with the death of the life estate holder?
Yes, if the life tenant was the individual who executed the lease.
What kind of estate can be unilaterally be terminate by a lessor or lessee?
estate at will
Can soldier and Sailors Relief Act terminate a real estate purchase contract as a seller because of PCS order being cancelled in Arizona and how?
Yes, the Soldier and Sailor Relief Act can terminate a real estate purchase contract in Arizona.
How do you reverse a life estate made by the original owner?
THE TENANT IS STILL ALIVE BUT HAS MOVED we need to know more facts. Who granted the life estate? Are they still alive? Were there any terms to the life estate, such as "if unable to occupy for six consecutive months, the life estate terminates". The person granted the life estate can also terminate it by filing a document at the registry of deeds.
You have concluded all of your duties as the Independent Executor of an estate and you need to know How do you terminate the estate and your fiduciary relationship?
Generally an estate is closed by filing the final account for allowance. Once the final account is allowed the estate is closed.
What if the owner of a life estate moves from the property?
There should be provisions for that in the documents that established the life estate.AnswerIn many cases the document that established a life estate is simply a reservation in a deed of conveyance- a statement that declared, "I hereby reserve a life estate". Some states address life estate rights and responsibilities in their legal codes. A life estate guarantees the use and possession of the property for the life of the life tenant. The life tenant may be able to rent out the property for income as long as they pay maintenance and taxes. However, that arrangement would terminate upon the death of the life tenant.If a life tenant stops using the property with the intention of not returning the owner can request that they release their life estate in writing and the release should be recorded in the land records to clear the title. If they refuse, the owner should consult with an attorney who can review the situation and explain the options, if any.
What kind of estate establishes the ownership of property for only the life of the owner?
A Life Estate provides the right to the use and sole possession of real estate for the life of the life tenant.A Life Estate provides the right to the use and sole possession of real estate for the life of the life tenant.A Life Estate provides the right to the use and sole possession of real estate for the life of the life tenant.A Life Estate provides the right to the use and sole possession of real estate for the life of the life tenant.
Is it wrong to terminate a babies life?
Marriage
Can a granter of a life estate terminate it at any time without the permission of the grantee's?
It will depend on the laws in the specific state. Some will allow it, others will not. Some feel that if they granted to estate, they can take it away. It is likely to cause a lot of ill feelings. You really should consult an attorney.
