1. Jessa owns a house and lot on 9th Avenue. She sells the house to the Hartley
ID: 395090 • Letter: 1
Question
1. Jessa owns a house and lot on 9th Avenue. She sells the house to the Hartley family, who wish to have a conveyance from her that says, “to Harriet Hartley for life, remainder to her son, Alexander Sandridge.” Alexander is married to Chloe, and they have three children, Carmen, Sarah, and Michael. Who has a future interest, and who has a present interest? What is the correct legal term for Harriet’s estate? Does Alexander, Carmen, Sarah, or Michael have any part of the estate at the time Jessa conveys to Harriet using the stated language? 2. After Harriet dies, Alexander wants to sell the property. Alexander and Chloe’s children are all eighteen years of age or older. Can he convey the property by his signature alone? Who else needs to sign?
Explanation / Answer
Answering Question 1.
The future interest is held by Harriet Hartley and future interest is held by her son Alexander Sandridge.
The correct legal term for Harriet's estate is 'life estate'.
No. Alexander, Carmen, Sarah or Michael do not have any part of the estate at the time of conveyance.
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