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What does it means when a deed says for life with remainder to?
Carpenp1
When a deed says, "For life with remainder to..." it is describing a life estate. That means the grantor is either granting or reserving a life estate in the property for one person(s), i.e., the right to the use and possession of the property for life, and when they die another person(s) will own the property in fee free and clear of the life estate. That second interest is called the remainder interest. The remainders own the fee in the property during the life estate but cannot take possession of the property until the life tenant has died or released their interest in the property.
A life estate can also be set forth in a will. Suppose a man's first wife died, the ownership of their home automatically passed to him and they have two sons. He married a widow with two daughters. He made arrangements in his will that his second wife would have the right to live in the home for the duration of her natural life and upon her death the property would pass to his sons free and clear of the life estate. The sons would be the owners of the remainder interest in fee.
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∙ 13y ago
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The remainder in a math problem?
A remainder just means like the word says. It means the number that is remained after you divide a number. For example 30 divided by 4 would be: 7, and remainder 2
What does it mean when someone says they will deed their interest in the property?
That means they own an interest in real property and they will execute a deed that transfers their interest to a new owner. The proper way to express that transaction is they will "convey" their interest by deed.
House was purchased together before married. Says on the deed for their joint lives with the remainder in fee simple to the survivor his or her heirs or assigns. What happens if hubby dies first?
The language used sounds like a survivorship deed. That means if either dies the survivor would automatically own the property be it the wife or the husband. However, you should confirm that the deed conforms with the laws in your jurisdiction to create a valid joint tenancy with the right of survivorship.
What does Macbeth mean at the end of scene 4 when he says We are but young in deed?
It means that we have accomplished little in the scope of a human life.
What does it mean when it says that one owner on a deed was deceased intestate?
Intestate means that the person died without having written a will.
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