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Probate sale
Legal sale of real estate for division From Wikipedia, the free encyclopedia
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A probate sale is the process executed at a county court where the executor for the estate of a deceased person sells property from the estate (typically real estate) in order to divide the property among the beneficiaries. There is a personal representative of the estate who will determine if the real estate is going to be sold. A personal representative is not required to use the services of a real estate broker.[1]
This article needs additional citations for verification. (June 2015) |
Determination of the value of real estate and other functions may need to be performed by a probate referee.[2]
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