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The administrator of an estate is a legal term referring to a person appointed by a court to administer the estate of a deceased person who left no will. [1] Where a person dies intestate, i.e., without a will, the court may appoint a person to settle their debts, pay any necessary taxes and funeral expenses, and distribute the remainder according to the procedure set down by law.
Read more: Generating 'passive income' through real estate is the biggest myth in investing — but here's 1 surefire way to do it with as little as $10. When you do need to pay off a loved one's debt
Expect to pay at least $150 an hour for a probate lawyer, according to AllLaw, although probate work can easily cost $200 an hour or more. ... real estate agent or broker — to assist you ...
Under common law, this type of deed technically created a use in the buyer who then gets the title. [3] Under the statute of uses, modern real property law disregards this subtle distinction. [citation needed] A bargain and sale deed is especially used by local governments, fiduciaries such as executors, and in foreclosure sales by sheriffs and ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 19 January 2025. Legal declaration where a person distributes property at death "Last Will" redirects here. For the film, see Last Will (film). This article possibly contains original research. Please improve it by verifying the claims made and adding inline citations. Statements consisting only of ...
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Newspaper announcement for a farmer's estate sale, 1918. An estate sale or estate liquidation is a sale or auction to dispose of a substantial portion of the materials owned by a person who is recently deceased or who must dispose of their personal property to facilitate a move. [1]
Breaches of real estate property leases, executory contracts by nature, entitle the counterparty to the breach to damages measured by the present value of the rent reserved less the present rental value of the remainder of the term of the lease. In Connecticut R. & Lighting Co. v. Palmer, the Connecticut Railway and Lighting Company leased ...