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When the administration is closed can the administrator sell property?
Wiki User
∙ 12y ago
No. In fact, an administrator must apply for a license to sell the property. An administrator doesn't have any authority to sell property without a court order. Once the estate has been closed the heirs at law own the property. The deed must come from those heirs.
If property is discovered after the estate is closed and the heirs wish to sell it through the estate the administrator (or another qualified person) must petition to be appointed the administrator de bonis non (of property yet to be administered) and then must apply for a license to sell the real estate.
No. In fact, an administrator must apply for a license to sell the property. An administrator doesn't have any authority to sell property without a court order. Once the estate has been closed the heirs at law own the property. The deed must come from those heirs.
If property is discovered after the estate is closed and the heirs wish to sell it through the estate the administrator (or another qualified person) must petition to be appointed the administrator de bonis non (of property yet to be administered) and then must apply for a license to sell the real estate.
No. In fact, an administrator must apply for a license to sell the property. An administrator doesn't have any authority to sell property without a court order. Once the estate has been closed the heirs at law own the property. The deed must come from those heirs.
If property is discovered after the estate is closed and the heirs wish to sell it through the estate the administrator (or another qualified person) must petition to be appointed the administrator de bonis non (of property yet to be administered) and then must apply for a license to sell the real estate.
No. In fact, an administrator must apply for a license to sell the property. An administrator doesn't have any authority to sell property without a court order. Once the estate has been closed the heirs at law own the property. The deed must come from those heirs.
If property is discovered after the estate is closed and the heirs wish to sell it through the estate the administrator (or another qualified person) must petition to be appointed the administrator de bonis non (of property yet to be administered) and then must apply for a license to sell the real estate.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoNo. In fact, an administrator must apply for a license to sell the property. An administrator doesn't have any authority to sell property without a court order. Once the estate has been closed the heirs at law own the property. The deed must come from those heirs.
If property is discovered after the estate is closed and the heirs wish to sell it through the estate the administrator (or another qualified person) must petition to be appointed the administrator de bonis non (of property yet to be administered) and then must apply for a license to sell the real estate.
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Estate administrator over pricing property so it does not sell?
If you think the administrator is not performing their duties to the best advantage of the estate and heirs you can report the situation to the court and request a ruling or the removal of the administrator if necessary.
How does property transfer after an administrator is appointed?
The Administrator must petition the court for a license to sell the real estate if the real estate is to be sold. If the heirs at law will be keeping the property the probate proceeding is a public record and it documents the transfer of the property to the heirs. You don't need to do anything else. When the heirs decide to sell the property they can execute a deed with their names as grantors and cite the probate case as their source of title.
Can an estate admnistrator sell estate property to make improvvements or pay debts?
An Administrator has no authority to sell the real estate. They must apply to the court for a license to sell the real estate. The court will consider the petition and if they find the request to be reasonable will issue a license to sell. The license gives the Administrator the authority to sell and convey clear title.
Can the administrator of an intestate estate sign the listing agreement for the sale of real property?
Yes, but generally, the Administrator needs to request a license to sell the real estate from the court in order to be able to execute a valid deed.
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.
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.
My mom was brain damaged in an accident so I was lawyer and court appointed her legal guardian and executor of her estate then she died over a year later and I paid all her debts can I sell her house?
You cannot sell your mother's property because you aren't the legal owner yet. Your mother's estate must be probated in order for title to her real estate to vest in her heirs. There are only two ways you can sell the real estate. 1.) You must petition the court to be appointed the administrator of her estate. You must then petition for a license to sell the real estate. 2.) You must petition the court to be appointed the administrator of her estate. Then you must complete the administration and close the estate. Once the estate has been completed the title to the property would be vested in (owned by) all the heirs and they could all sign a deed to sell the property.
How long after filing chapter 7 can you sell your vehicle?
The debtor cannot sell nor transfer any property without the permission of the bankruptcy trustee or until the BK has been discharged and closed.
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.
Your dad died owning real property and you are the only child. What do you have to do to sell this property?
You need to consult with an attorney who specializes in real estate and probate law. Your father's estate must be probated in order for title to the real estate to pass to you legally. It can only be sold by the estate Administrator under a license to sell issued by the court or by you once the probate procedure has been completed and you own the property.
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.
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.
