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Can executors sell a house willed to seven beneficiaries where two beneficiaries do not want it sold?
Wiki User
∙ 14y ago
If two of the beneficiaries want to keep the property then they should try to work out an agreement with the remaining beneficiaries to buy out their shares for a fair price.
However, the executor may have the power to sell the real estate. The testator often gives that power right in the will. In that case, the executor may sell the property without any license from the court. If the power to sell was not granted in the will the executor must apply for a license to sell the real estate. The two beneficiaries may object to the sale. However, they should be prepared to offer an alternative since five of the beneficiaries do want to sell. Unless they offer to buy out the other beneficiaries the court is likely to issue the license to sell.
Wiki User
∙ 14y ago
Wiki User
∙ 14y agoTwo of my sister's are the Personal Representative to nine children's estate. Can they sell my parents that I am now living in?
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