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Can an administrator of an estate obtain a reassessment of house and property?
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How can you purchase a property prior to foreclosure on a deceased person with an heir that has denounced their interest in the property?
The estate must be probated. You should contact the attorney who is handling the estate and the bank to discuss your purchase of the property. You would need to pay off the bank and obtain a deed from the duly appointed administrator of the estate. Generally, the administrator may need a license from the court to sell the property. You should consult with an attorney who can represent you, negotiate for you and make certain the purchase is done properly.The estate must be probated. You should contact the attorney who is handling the estate and the bank to discuss your purchase of the property. You would need to pay off the bank and obtain a deed from the duly appointed administrator of the estate. Generally, the administrator may need a license from the court to sell the property. You should consult with an attorney who can represent you, negotiate for you and make certain the purchase is done properly.The estate must be probated. You should contact the attorney who is handling the estate and the bank to discuss your purchase of the property. You would need to pay off the bank and obtain a deed from the duly appointed administrator of the estate. Generally, the administrator may need a license from the court to sell the property. You should consult with an attorney who can represent you, negotiate for you and make certain the purchase is done properly.The estate must be probated. You should contact the attorney who is handling the estate and the bank to discuss your purchase of the property. You would need to pay off the bank and obtain a deed from the duly appointed administrator of the estate. Generally, the administrator may need a license from the court to sell the property. You should consult with an attorney who can represent you, negotiate for you and make certain the purchase is done properly.
What do you have to do to transfer property to the sole administratrix name?
You should consult the attorney who is handling the estate. Deeds should be drafted by an attorney and a court appointed administrator must obtain a license from the court to transfer real property.You should consult the attorney who is handling the estate. Deeds should be drafted by an attorney and a court appointed administrator must obtain a license from the court to transfer real property.You should consult the attorney who is handling the estate. Deeds should be drafted by an attorney and a court appointed administrator must obtain a license from the court to transfer real property.You should consult the attorney who is handling the estate. Deeds should be drafted by an attorney and a court appointed administrator must obtain a license from the court to transfer real property.
How do you sell a home without probate?
If the owner died their estate must be probated in order for title to vest in the heirs or for the estate fiduciary to have the legal power to sell. If they left a will (testate), the will must be allowed and an executor appointed. If they died intestate an administrator must be appointed. The administrator of the estate can obtain a license to sell the property from the court. The executor can obtain a license to sell if there is no authority to sell in the will. However, the debts of the decedent must be paid before any property is distributed to the heirs.No one has any authority over the property until the estate is probated so until then, no one can give a valid deed.
What is the name of the person who effects the transfer of real property when a person dies?
When a person dies the court must appoint a person with authority to settle the estate. The real property can then be transferred by the executor of the Will or the court appointed administrator of the estate if the decedent died intestate (without a Will). Generally, the executor may have granted the authority to sell the property in the Will. Otherwise the executor must obtain a license to sell from the court. If the decedent had no Will then the court must appoint an administrator who must obtain a license to sell the real estate from the court. In some jurisdictions the person appointed by the court is called a personal representative or estate representative.
Can you sell a home if you are the administrator?
Generally, in most states in the US, an administrator must obtain a license to sell the real estate from the court. You should consult with the attorney who is handling the estate.
Can probate court approve a administrator to sell home?
Yes. Laws vary so you need to check the laws in your jurisdiction. Generally, an administrator of an estate, once they have been appointed by the court, can request a license to sell the real estate. In fact, generally, the administrator must obtain a license to obtain the authority to sell.
How does a sibling of the deceased obtain power of attorney?
You cannot acquire a Power of Attorney for a person who has died. If there is property that must be transferred, and no will, you must petition the probate court to be appointed the Administrator of your deceased sibling's estate.
How do you obtain letters testamentary when the deceased had no will in Oklahoma?
You must petition the probate court to be appointed the Administrator of the estate. If appointed you will be issued Letters of Administration.
Can one obtain a life estate after a property is sold?
No. Once the property has been sold the grantor no longer has any rights in the property. Therefore, they can no longer reserve the right to a life estate. If the new owner is agreeable, the property could be reconveyed to the prior owner, then they could draft a new deed reserving a life estate.
Does a court appointed administrator have authority to sell assets of an estate?
That depends on the laws in the particular jurisdiction. In some the court appointed administrator must first obtain a license to sell from the court.That depends on the laws in the particular jurisdiction. In some the court appointed administrator must first obtain a license to sell from the court.That depends on the laws in the particular jurisdiction. In some the court appointed administrator must first obtain a license to sell from the court.That depends on the laws in the particular jurisdiction. In some the court appointed administrator must first obtain a license to sell from the court.
Does the adm of an estate need a letter from an attorney to acquire bank records for the estate?
The court appointed Administrator was issued Letters of Administration by the court. The letters give you the authority to obtain bank records and access accounts.
Both husband and wife jointly own property His mother has Life Estate but leaves home who owns the property?
The H & W own the property in fee. However, the property is subject to the life estate of the mother. If they wish to sell or mortgage the property she would need to sign the deed or mortgage. If she no longer lives there then they should obtain a release from her for her life estate and the release should be recorded in the land records. Otherwise, only a death certificate will extinguish the life estate as a burden on the property.
