Difference between revisions of "Ladybird Deeds in Maryland"
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===Examination=== | ===Examination=== | ||
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+ | They are sometimes entitled “Life Estate With Powers”, but more often are just called a Deed. You have to look at the body of the deed to see if powers to convey or encumber have been retained by the life estate tenant. | ||
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+ | They will also contain a prohibition against replacing the remainderman/men. | ||
===Underwriting=== | ===Underwriting=== |
Revision as of 04:56, 14 August 2019
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They are sometimes entitled “Life Estate With Powers”, but more often are just called a Deed. You have to look at the body of the deed to see if powers to convey or encumber have been retained by the life estate tenant.
They will also contain a prohibition against replacing the remainderman/men.