David Saks: October 2009

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Real Estate Practice : Lesson 374

                                                     #374

A life-tenant by the name of Senderfell wants to dig up the earth around his property and sell it for gardening dirt-fill to a neighborhood nursery.

A remainderman has been named in the deed who has a remainder interest in the property and has decided to stop Senderfell from digging up the property and selling the dirt.

The remainderman can't do this.

Is this true false ?

wildlife

A. It's false

The remainderman can stop Senderfell from digging up the property and selling the dirt to the nursery because a life-tenant is forbidden to disturb any interest in the property that the remaminderman has.




David Saks



Time&Temp Memphis

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Comment balloon 0 commentsDavid Saks • October 19 2009 02:21AM
Real Estate Practice : Lesson 374
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#374 A life-tenant by the name of Senderfell wants to dig up the earth around his property and sell it for gardening dirt-fill to a neighborhood nursery. A remainderman has been named… more
Real Estate Practice : Lesson 373
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#373 Two property owners, Ben and Susan, who are not married, own a property together. Susan actually owns 75% of the property and Bob owns a 25% interest in the property. … more
Real Estate Practice : Lesson 372
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#372 When property is transferred from one owner to the next this process is referred to as devise. Is this true or false Please take your time. The answer is posted below the… more
Real Estate Practice : Lesson 371
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#371 When we consider participation in a REIT, a real estate investment trust, it is necessary to have at least 325 participants according to the legal statute. Is this considered true or… more
Real Estate Practice : Lesson 370
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#370 When we talk about a title which is taken in fee simple we're talking about a title that lasts forever and can be inherited or disposed of according to the owners wishes. Is this… more
Real Estate Practice : Lesson 369
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#369 When one considers the four unities of possession, interest, time and title these unities are necessary to create a tenancy in common. Is this true or false Take your time… more
Real Estate Practice : Lesson 368
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#368 If a title is conveyed and a condition is written into the conveyance stating that no flea market activities may be held on the property this type of title is called a life estate… more
Real Estate Practice : Lesson 367
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#367 When we speak of condominiums condominiums are individual housing units that have common areas that are owned in joint tenancy. Is this true or false Take your time. The… more
Real Estate Practice : Lesson 366
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#366 When we speak of a unit in a cooperative we're talking about a unit that is also owned as a tenancy in common and shared by all of the residents of the building in which it is housed. Is… more
Real Estate Practice : Lesson 365
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#365 When a landowner has water flowing through his or her land the landowner's rights to that water are known as easement rights. Is this true or false Remember to take… more