Legal Question in Wills and Trusts in Michigan
lease estate home?
Can the court appointed personal rep. of an estate lease out the deceased person's home? The home is not paid off and creditors are owed. We have been unable to sell the home and can not afford to keep paying the house note, insurance, electric and association fees.We would lease it until we got a buyer but the home would remain in the deseased name.
Asked on 12/05/06, 12:54 pm
1 Answer from Attorneys
William Stern
William Stern, P.C.
Re: lease estate home?
The court appointed personal representative can lease a house out, with the court's permission. the court would have to find that it is in the best interest of the estate. William S. Stern
Answered on 12/05/06, 6:09 pm