English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

Can an executor of a will be described as "a legal and beneficial onwer" of a deceased person's property in a tenancy agreement relating to the lease of the such property

2007-03-02 03:21:17 · 2 answers · asked by Lady N 1 in Politics & Government Law & Ethics

2 answers

Generally, no.

The Executor of a will may have no legal basis for ownership in the property, and in fact, often times is not the person who will inherit the property. The executor of a will, once the will has been admitted to probate and the estate is opened, is referred to as the "Executor of the Estate of , Deceased". (the word deceased being used to differentiate between a conservatorship and a bankruptcy estate.).

In *most* wills, the Executor has the authority to enter into lease agreements on property during the pendency of the estate proceeding. NOTE: The executor has NO authority to enter into a lease agreement prior to being lawfully appointed and confirmed as the Executor of the estate.

For more specific information, including probate procedures in your state, contact an attorney who deals with probate law in your state. For a referral, contact your local or state bar association.

2007-03-02 03:28:35 · answer #1 · answered by Phil R 5 · 0 0

sure. The executor fairly takes the area of the deceased and acts in his behalf for the heirs to the valuables. In some states, even however, below actual materials regulation, the hire is now not binding if the two of the folk signing it die.

2016-10-17 02:35:41 · answer #2 · answered by Anonymous · 0 0

fedest.com, questions and answers