Estates in Pennsylvania
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Revision as of 11:10, 22 October 2021 by Josephdebarberie (talk | contribs) (Overview of the transfer of real property through probate and Estates)
Contents
Overview
Underwriting Tips
- If a Will does not specifically direct or authorize the sale of real property, ensure that the sale is not prohibited and that any devisees of the Property join in the conveyance.
Personal Representatives
Under the Probate, Estates and Fiduciaries Code, both Administrators and Executors are considered "Personal Representatives" and certain provisions apply to both roles.[1]
Statutory Powers
Power to Sell
"Except as otherwise provided by the will, if any, the personal representative may sell, at public or private sale, . . . any real property not specifically devised, and with the joinder of the specific devisee real property specifically devised."[2]
