Legal Question in Real Estate Law in New York

When the resident of a life estate passes on, are all of deed transfer signatures (remaindermen) required in order to sell and /or rent the life estate property? The property is now up for sale and the other remainderman had no knowledge that it was up for sale. ( He found out on the internet) This is in New York State.


Asked on 2/27/12, 1:53 pm

1 Answer from Attorneys
Arnold Nager Arnold H. Nager, Esquire

In order to transfer title to the property all remaindermen need to sign. The life estate ends when the holder dies.

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Answered on 2/27/12, 3:38 pm


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