This enhanced life estate deed is a document that transfers ownership of real property, while reserving full access to the property for the duration of the grantor's life. It allows the original owner (grantor) to remain on the premises with the rights to use or dispose of it at will, with no penalty for waste. The grantor may even reconvey the property to someone else without the grantee's knowledge. The grantee under the deed reserving a life estate for the grantor is not entitled to possession of the property until the grantor dies.
When the enhanced life estate is applied to a warranty deed, the transfer of ownership is completed upon the death of the life tenant, along with full warranties of title.
Deeds.com Florida Enhanced Life Estate Deed Ladybird Warranty Deed Forms Have Been Updated as Recently as Wednesday July 17, 2019
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