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2007 SESSION

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HB 3177 Conservator; requirements for sale of real estate.

Introduced by: Adam P. Ebbin | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED:

Conservator; requirements for sale of real estate.  Provides that, prior to the conveyance of real estate, the court may require that a conservator of a person deemed incapacitated use a common source information company, as defined in § 54.1-2130, when listing the property for sale.

SUMMARY AS PASSED HOUSE:

Conservator; requirements for sale of real estate.  Provides that, prior to the conveyance of real estate, the court may require that a conservator of a person deemed incapacitated use a common source information company when listing the property for sale.

SUMMARY AS INTRODUCED:

Conservator; requirements for sale of real estate.  Requires the conservator of a person deemed incapacitated to provide a written explanation to the court for failing to list real estate with a common source information company as defined in § 54.1-2130. Further requires the conservator to provide the court with an appraisal when a multiple listing service has not been used to sell the property.