The Independent Administration of Estates Act (IAEA) lets the personal representative administer most parts of a decedent’s estate without court supervision. Estate sales under IAEA are often called Full Authority Sales. Still, the court can actually limit the authority of the personal representative.
If the court does limit the authority, then court supervision is needed for the sale of real estate property included in the estate. Obviously, it’s much easier if the personal representative has full authority, because then court supervision is only required under specific circumstances or if there are objections made to the Notice of Proposed Action.
Yet, if the court accepted the personal representative’s petition for full authority, then they can do all of these things at their own discretion without the supervision of the court.
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We are experts in the probate sale under the probate code and trust law. So, we know the California Probate Code. We won’t let you get lost in it. If you need a realtor in California specializing in probate, please contact us today! We are upfront and honest about the costs of probate. Everyone wants to know about probate fees, but no one wants to talk about them. We will though. Sentinel Realty Partners wants our clients to be fully prepared and fully informed about buying or selling California probate real estate.
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If you are buying a home in California, please have a look at our probate property search. If you need a Los Angeles, Orange County, Riverside, or San Bernardino professional to help you through the probate real estate maze, call us! These waters a murky, and you’ll want a knowledgeable, dependable, responsive team behind you. Check out Sentinel Realty Partners’ client reviews.