Life Estate Remainderman transfer of interest?

Question

Two individuals are remaindermen in a Life Estate as Joint Tenants with rights of Survivorship. My question first is, can one of the remaindermen deed their interest to a third party? If so, would that then considered a Tenancy in Common with the remainderman?

Answer 1

Different state laws may change the result, such as if the two people are married, or what it is called, but usually, the transfer of an interest held in "survivorship" does convert that interest to Tenancy In Common (which may or may not be called something else in your state). It's not different just because its a remainder.

Where it gets really interesting is when THREE people own in survivorship, and one transfers inter vivos.