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1996 SESSION

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HB 1270 Wills; sale of real estate.

Introduced by: S. Vance Wilkins, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY:

Wills; sale of real estate. Allows persons entitled to inherit real estate to obtain, upon the filing of a refunding bond, with surety, the proceeds from a sale of the property if the property is sold within the one-year "waiting period" following the decedent's death. Under current law, the proceeds must be held by a special commissioner for one year following the sale.


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