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What is court license for natural guardian to sell a minor property?
Wiki User
∙ 11y ago
If a minor owns real property and it must be sold then it must be done through the court. A guardian must be appointed for the child and the guardian must request a license to sell the property. The court will appoint professionals to review the situation and report back to the court. If the court approves the sale and issues a license to sell the real estate the proceeds will be placed in trust for the child.
If a minor owns real property and it must be sold then it must be done through the court. A guardian must be appointed for the child and the guardian must request a license to sell the property. The court will appoint professionals to review the situation and report back to the court. If the court approves the sale and issues a license to sell the real estate the proceeds will be placed in trust for the child.
If a minor owns real property and it must be sold then it must be done through the court. A guardian must be appointed for the child and the guardian must request a license to sell the property. The court will appoint professionals to review the situation and report back to the court. If the court approves the sale and issues a license to sell the real estate the proceeds will be placed in trust for the child.
If a minor owns real property and it must be sold then it must be done through the court. A guardian must be appointed for the child and the guardian must request a license to sell the property. The court will appoint professionals to review the situation and report back to the court. If the court approves the sale and issues a license to sell the real estate the proceeds will be placed in trust for the child.
Wiki User
∙ 11y ago
Wiki User
∙ 11y agoIf a minor owns real property and it must be sold then it must be done through the court. A guardian must be appointed for the child and the guardian must request a license to sell the property. The court will appoint professionals to review the situation and report back to the court. If the court approves the sale and issues a license to sell the real estate the proceeds will be placed in trust for the child.
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Can a guardian sell her minor son 's property without court order?
Generally, the sale of real property by a guardian requires a court order or a license issued by the court. You need to check the laws in your jurisdiction.
What happens to an adult declared mentally incompetent Where do they go What happens to their property?
When a person is declared mentally incompetent the court will appoint a guardian and that guardian has control over the ward and the ward's property. The guardian can make decisions about placement. The guardian is under the jurisdiction of the court and must act in the bet interest of the ward. If the real estate must be sold they must request a license to sell real estate from the court and then use the proceeds for the support of the ward. They will be required to provide annual accountings to the court .When a person is declared mentally incompetent the court will appoint a guardian and that guardian has control over the ward and the ward's property. The guardian can make decisions about placement. The guardian is under the jurisdiction of the court and must act in the bet interest of the ward. If the real estate must be sold they must request a license to sell real estate from the court and then use the proceeds for the support of the ward. They will be required to provide annual accountings to the court .When a person is declared mentally incompetent the court will appoint a guardian and that guardian has control over the ward and the ward's property. The guardian can make decisions about placement. The guardian is under the jurisdiction of the court and must act in the bet interest of the ward. If the real estate must be sold they must request a license to sell real estate from the court and then use the proceeds for the support of the ward. They will be required to provide annual accountings to the court .When a person is declared mentally incompetent the court will appoint a guardian and that guardian has control over the ward and the ward's property. The guardian can make decisions about placement. The guardian is under the jurisdiction of the court and must act in the bet interest of the ward. If the real estate must be sold they must request a license to sell real estate from the court and then use the proceeds for the support of the ward. They will be required to provide annual accountings to the court .
Can you sell your home if it is joint names and your husband is incapacitated?
If someone has been named attorney in fact under a durable power of attorney for your husband that person can sell his interest in the property by signing a deed on behalf of your husband.If there was no DPOA, you would need to be appointed his guardian by the probate court and obtain a license to sell the property from the court. You should consult with an attorney.If someone has been named attorney in fact under a durable power of attorney for your husband that person can sell his interest in the property by signing a deed on behalf of your husband.If there was no DPOA, you would need to be appointed his guardian by the probate court and obtain a license to sell the property from the court. You should consult with an attorney.If someone has been named attorney in fact under a durable power of attorney for your husband that person can sell his interest in the property by signing a deed on behalf of your husband.If there was no DPOA, you would need to be appointed his guardian by the probate court and obtain a license to sell the property from the court. You should consult with an attorney.If someone has been named attorney in fact under a durable power of attorney for your husband that person can sell his interest in the property by signing a deed on behalf of your husband.If there was no DPOA, you would need to be appointed his guardian by the probate court and obtain a license to sell the property from the court. You should consult with an attorney.
Can an incompetent person sign and sell real property in Florida?
The court must appoint a guardian or conservator and that court appointed representative must request a license to sell the real estate. The court would make a determination as to whether the sale is in the best interest of the ward.The court must appoint a guardian or conservator and that court appointed representative must request a license to sell the real estate. The court would make a determination as to whether the sale is in the best interest of the ward.The court must appoint a guardian or conservator and that court appointed representative must request a license to sell the real estate. The court would make a determination as to whether the sale is in the best interest of the ward.The court must appoint a guardian or conservator and that court appointed representative must request a license to sell the real estate. The court would make a determination as to whether the sale is in the best interest of the ward.
Can you sell a co-owned property if the party living in the house has gone into residential care?
No. Only the owner of property can sell their own interest. If the co-owner is incapable of executing a deed then someone must petition to be appointed their legal guardian or conservator and then once appointed by the court they must petition the court for a license to sell the real estate. If that is the case you should contact an attorney who specializes in probate.No. Only the owner of property can sell their own interest. If the co-owner is incapable of executing a deed then someone must petition to be appointed their legal guardian or conservator and then once appointed by the court they must petition the court for a license to sell the real estate. If that is the case you should contact an attorney who specializes in probate.No. Only the owner of property can sell their own interest. If the co-owner is incapable of executing a deed then someone must petition to be appointed their legal guardian or conservator and then once appointed by the court they must petition the court for a license to sell the real estate. If that is the case you should contact an attorney who specializes in probate.No. Only the owner of property can sell their own interest. If the co-owner is incapable of executing a deed then someone must petition to be appointed their legal guardian or conservator and then once appointed by the court they must petition the court for a license to sell the real estate. If that is the case you should contact an attorney who specializes in probate.
Can natural parents claim child from guardian?
No. The matter would need to go before the court that appointed the guardian.
Can minors own property in Florida?
A guardian must be appointed by the court to manage any property owned by a minor. The guardian would manage the property under the supervision of the court. If the guardian wanted to sell the property, the sale would need court approval and the proceeds would be placed in trust for the child. The child could take over management of the property or proceeds at the age of eighteen.
What is a Guardian Deed?
A guardianship deed means the owner of the real estate was/is the ward of a court appointed guardian. When any buyer accepts a deed from a guardian they must make certain the guardian was appointed by a court of jurisdiction, that they are the current guardian and that they had a license from the court where the land lies to sell the real estate. If all three factors are not present then their deed will be null and void.
Can a legal guardian convey real estate?
A court appointed guardian would need to petition the court for a license to sell the real estate. The court would review the matter and appoint a guardian ad litem to oversee the proceeding and make certain it is in the best interest of the ward.
Why shouldn't real estate be put in a child's name?
The main reason is that once the property is transferred to the child it becomes their property. That complicates the title since the child cannot execute a deed to transfer the property out of their name. If the property needs to be sold the court would require the appointment of a guardian who would need to petition for a license to sell the property. The court would review the reason for the sale and make certain the selling price is in the best interest of the child. If the license is granted the proceeds of the sale would be placed in trust for the child.
Can an executor sell property owned by a minor in Tennessee?
No, an executor cannot sell property owned by a minor in Tennessee without proper authorization from the court or the minor's legal guardian. The sale would need to be approved by the court or the guardian to ensure the minor's best interests are protected.
Can a legal guardian sell property left in a Will?
That would depend on what the will said. It is usually the "executor" of the will who has responsibility for doing what the will says. IF you are the legal guardian (and the executor) and you do something you should not then the beneficiaries of the will will be able to sue you personally for any losses.Go and get advice form a solicitor/attorney before you do anything.United StatesThe executor has absolute control over the property in a decedent's estate. The duly appointed executor (or personal representative) must be given authority in the Will to sell real estate. If not, she needs a license from the court to convey any real property. A legal guardian could assent to the sale on behalf of the ward and the executor would distribute the proceeds according to law.If a ward inherited real estate and the estate has been processed, a legal guardian would require a license to sell the real estate from the probate court. The court would appoint a guardian ad litem to monitor the sale and report to the court whether it is in the ward's best interest. In this case the guardian should hire an attorney to supervise the process. The guardian would be personally responsible for any errors that have a detrimental effect on the ward or their assets.
