answersLogoWhite

0


Best Answer

The sale should have court approval. The executor needs to request a license to sell from the court and will need to disclose the name of the buyer and the price. The beneficiaries will be notified of the petition for a license and will have the opportunity to object. If you have objections you must make certain you appear on the day proclaimed in the notice. The court will hear objections and render a decision on whether to issue the license to sell or not.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

9y ago

Generally the executor is allowed by law to charge a fee for their services. The amount is set by law and must be paid from the estate before any property is distributed to the beneficiaries.

Generally the executor is allowed by law to charge a fee for their services. The amount is set by law and must be paid from the estate before any property is distributed to the beneficiaries.

Generally the executor is allowed by law to charge a fee for their services. The amount is set by law and must be paid from the estate before any property is distributed to the beneficiaries.

Generally the executor is allowed by law to charge a fee for their services. The amount is set by law and must be paid from the estate before any property is distributed to the beneficiaries.

This answer is:
User Avatar

User Avatar

Wiki User

8y ago

Yes, unless it is specifically left in the Will to someone else.

This answer is:
User Avatar

User Avatar

Wiki User

9y ago

Yes, the executor may sell estate property. The beneficiaries do not have to be consulted. The money would be used to pay debts and taxes before distribution.

This answer is:
User Avatar

User Avatar

Wiki User

14y ago

If they have the consent of the court, they can. But they have to present a full inventory and valuation first. Then they can show the distribution plan amongst the debtors and heirs.

This answer is:
User Avatar

User Avatar

Wiki User

10y ago

No, the must have a letter of authority. Without it they can be charged with theft.

This answer is:
User Avatar

User Avatar

Wiki User

9y ago

Generally the executor is allowed by law to charge a fee for their services. The amount is set by law and must be paid from the estate before any property is distributed to the beneficiaries.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can executor sell personal property
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can executor sell your property in Maryland?

An executor can only sell the property in the estate. If it is in the estate, it does not belong to you.


What can an heir to an estate do when your sibling is executor and has not distributed personal property or attempted to sell property as outlined in the will in Texas It has been 3 years?

Get a lawyer and sue to "Partition to sell" said property.


What sell first the real or personal to settle estate debts?

The executor makes the call. They have to get the approval of the court to sell real property, so personal property is easier. Consult a probate attorney in your area for assistance.


Can a person who is not the executor sell property?

Not if the property does not belong to them. Only the executor is authorized to sell the property of the estate. For anyone else to do so could be considered theft.


Can you buy a property of a deceased person that has no executor?

You have to buy the property from someone. And the only person that can sell it is the executor.


Can executor of will sell the property if will states property is to be divided equally among his children?

Only the children can sell the property which they jointly own. The executor cannot sell it, unless the children ask him or her to do so on their behalf.


Does executor have right to sell house if you own half?

If you own a one half interest in the property in your own right and as a tenant in common, the executor can only sell the half interest owned by the decedent. The executor cannot sell your own interest in the property.If you own a one half interest in the property in your own right and as a tenant in common, the executor can only sell the half interest owned by the decedent. The executor cannot sell your own interest in the property.If you own a one half interest in the property in your own right and as a tenant in common, the executor can only sell the half interest owned by the decedent. The executor cannot sell your own interest in the property.If you own a one half interest in the property in your own right and as a tenant in common, the executor can only sell the half interest owned by the decedent. The executor cannot sell your own interest in the property.


Can an executor of an heir eviction a sibling from property that they live in of the deceased?

They do have that ability to have them removed. The property belongs to the estate and the executor is responsible for it. They can rent or sell the property.


What if the executor does not want to sell a house in the will?

There is no problem if the debts of the estate have been paid and the executor is the sole heir. However, if there are other heirs who want to sell the property and take their share of the proceeds the executor must buy out the interests of the other heirs. Otherwise, the heirs are entitled to a sale of the property and can file a petition for partition if the executor will not act.


Can executor make no effort to sell the inherited propriety?

You haven't provided enough details.Have the heirs requested that the executor sell.Was the executor instructed to sell in the will.Was a license to sell issued by the probate court.Is the estate settled.If the executor was ordered to sell and hasn't made arrangements to market the property then you should complain to the probate court to compel them to carry out their duty or ask they be replaced. If the probate process is completed and the executor was under no obligation to sell the property, title has vested in the heirs and they can sell the property.


Can a beneficiary sell the estate?

A beneficiary does not have the right to sell the estate. Only the executor can sell property.


Can you as the executor make people move out of the house to be sold?

You certainly have the right to do so. The property belongs to the estate. The executor has the ability to sell the property.