Legal Question in Wills and Trusts in Ohio
Do houses in probate have minimum amount they can be sold for?
Asked on 10/20/11, 3:08 pm
1 Answer from Attorneys
Lisa Meier
Law Office of Anthony W. Greco
Generally they cannot be sold for under 2/3rds of the court appraised value. An executor/administrator of an estate may also appeal the tax amount on real estate if it is too high. This may save estate expenses and make the property more sellable.
If you need assistance in handling an estate, please feel free to contact me.
-Lisa K. Meier
Gurtner & Meier, L.L.C.
Answered on 10/20/11, 5:25 pm