How to Deal with Estates When Listing Property
Home Owners | Real Estate |
When listing property for an estate, it is important to make sure your listing agreement is signed by all of the correct estate representatives. Here are a few tips to make sure you are dealing with the correct estate representatives:
- Get a copy of the vesting deed and verify the title holder.
- Ask for a copy of the death certificate of the deceased.
- Find out if the estate has been probated and request a copy of the Letters of Testamentary (estate with a will) or the Letters of Administration (estate without a will). These Letters show who has been designated by the Court with authority to act on behalf of the estate.
- Request a copy of the will and review to make sure that there is no specific devise of the property to an heir and that the will gives the executor the power to sell the property, either specifically or by reference to O.C.G A. § 53-12-32.
- If multiple executors or administrators are appointed, have all of them sign the listing agreement and then the closing attorney can handle any requested designation that only one of the executors or administrators signs at closing.
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