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Does a life estate have to be recorded in California?

All that is required to transfer title is that an affidavit of death of life tenant or surrender of life estate, as relevant, be recorded with the county recorders office. During the period of the life estate, the life tenant has all the obligations of ownership, including paying the real property taxes and insurance.

What is a warranty deed?

by Practical Law Real Estate. A deed transferring title and legal interest in real property from the grantor to the grantee with full covenants and warranties.

What is a remainderman in legal terms?

A remainderman is a property law term that refers to a person who stands to inherit property at a future point in time upon the termination of a preceding estateusually a life estate. A remainderman is a third person other than the estates creator, initial holder, or eithers heirs.

How do I transfer a title after death of life estate tenant in Texas?

Upon your death, all that is required for full title to be transferred to your beneficiaries is the filing of an affidavit in the county property records reflecting the date of your death, referring to the recording information for the Lady Bird Deed, and reciting that there are no outstanding debts of the estate, or

Can there be more than one remainderman?

A remainderman is a beneficiary in a life estate who will inherit property after the life tenants death. There can be more than one remainderman if you divide the property.

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