Let’s say the court decides to grant a personal representative only limited authority. Then what? What kind of power does the personal representative actually have?
Well, if the court grants the personal representative only limited authority, they still have the right to conduct all acts that are allowed under IAES rules, save a few. First, they can’t actually sell real property, like a home. Secondly, they can’t exchange real property either. Next, they can grant an option to buy real property. Lastly, they can’t borrow money using an encumbrance on real property to secure the loan. If only limited authority is granted to the personal representative, then court supervision is needed for all four of these actions.
Do You Need A California Realtor Specializing In Probate?
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.
We have a list of the absolute best probate lawyers in California available for our customers. Plus, we also have relationships with the most vetted contractors, plumbers and electricians in California. See? We will guide you through every step of the process of selling (or even purchasing) a home involved in probate.
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.