Probate property is most commonly used to refer to land or buildings where a registered owner is deceased. The “probate” in probate property refers to the requirement of a grant of probate in order to sell or transfer the property because there is a deceased owner. Why does a deceased persons property require probate? Significant assets in a deceased’s sole name, in the majority cases, will require probate. Therefore it is necessary for a house to go to probate before it can be sold or inherited. This results in a change of ownership being registered at the Land Registry. Probate … Continue reading Can an executor sell property?
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