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    debsharley's Avatar
    debsharley Posts: 3, Reputation: 1
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    #1

    Aug 25, 2010, 01:14 PM
    Can a life estate deed be reversed
    3 years ago my parents put my name on the deed to their house the title reads Life Estate Deed they are trying to refinance the mortgage and was turned down because it's a life estate deed. Can they reverse it so they can refinance
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
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    #2

    Aug 25, 2010, 06:09 PM
    Quote Originally Posted by debsharley View Post
    3 years ago my parents put my name on the deed to their house the title reads Life Estate Deed they are trying to refinance the mortgage and was turned down because its a life estate deed. can they reverse it so they can refinance
    You could convey your remainder back to them, thus once again merging the life estate with the remainder.
    debsharley's Avatar
    debsharley Posts: 3, Reputation: 1
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    #3

    Aug 26, 2010, 10:58 AM
    Quote Originally Posted by AK lawyer View Post
    You could convey your remainder back to them, thus once again merging the life estate with the remainder.
    Thank you so much and you are 100% correct my lawyer finally got back to me

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