Probate law indicated specific things that must be included in a Notice of Proposed Action. The personal representative has to notify all of the pertinent parties that a sale is pending. To do this, they use a form called the “Notice of Proposed Action.”
The form will explain the terms that the personal representative is about to proceed with on behalf of the estate. For example, if they intend to sell a house, that requires notifying heirs. The notice has to include several specific things.
For starters, the personal representative’s name and mailing address must be stated on the notice. Also, the name and phone number of someone to contact with any questions must be included on the form. Plus, an accurate description of the action that is about to happen must be provided. A description of the property to be sold must be included. The material terms of the sale has to be included. If an exchange or granting of an option to purchase the property is about to happen, that must be listed. The sale price and the method of figuring out commissions to brokers also has to be listed. Lastly, the date when the proposed action is set to happen also has to be listed.
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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.