OLD DOGS AND OLD TRICKS; Probate Sales Under the Estates Code
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1 OLD DOGS AND OLD TRICKS; Probate Sales Under the Estates Code 2014 Texas Land Title Institute Bruce L. Goldston Vice President and Regional Counsel South Central Region WFG National Title Insurance Company
2 BRUCE L. GOLDSTON Vice President and Regional Counsel South Central Region WFG National Title Insurance Company 613 NW Loop 410, Suite 150 San Antonio, Texas (877) (210) (210) (FAX) Professional: Bruce Goldston was in private practice for 15 years, where he concentrated on real estate, probate and commercial matters. He subsequently handled bank closings and commercial and real estate litigation for the Federal Deposit Insurance Corporation for 3 years. In 1996 he joined Alamo Title Insurance as Claims Counsel where he supervised the administration and resolution of all claims which arose from policies issued by Alamo Title in Texas and New Mexico. In July, 1998, he became Underwriting Counsel for Fidelity National and Alamo Title, and in 2009 he was named by Fidelity as State Counsel for Texas and Oklahoma. He joined WFG National Title Insurance Company as Vice President and Regional Counsel of the South Central Region in March, 2010, where he supervises underwriting for Texas and Oklahoma. Education: Austin College Sherman, Texas BA 1972 St. Mary s University School of Law San Antonio, Texas JD 1975 Training/Speaking Experience: Mr. Goldston has spoken over 260 times on title insurance, underwriting, claims and legal issues. Some of the topics he has covered include: Introduction to Title Insurance Manufactured Housing Examining Avoiding and Administering Claims Insuring Construction Transactions Insuring Around Current Underwriting Issues Insuring Around Probate Home Equity Lending Legislative Updates Bankruptcy Intestate Succession Ethics for Title Company Employees Foreclosures Reverse Mortgages Voluntary and Involuntary Liens Homesteads Taxes and Title Insurance Escrow and Indemnity Agreements Easements Regulatory Issues Business Entities Marital Rights Minerals and Title Insurance Title Policy Endorsements Surveys OLD DOGS AND OLD TRICKS; PROBATE SALES UNDER THE ESTATES CODE
3 OLD DOGS AND OLD TRICKS; PROBATE SALES UNDER THE ESTATES CODE 2014 TEXAS LAND TITLE INSTITUTE Bruce L. Goldston WFG National Title Insurance Company San Antonio, Texas We have moved from the Probate Code to the new Estates Code. Although the Estates Code is a non-substantive re-codification of the Probate Code, the contents have been re-organized and you will find it a much more user-friendly resource. Use this paper as a guide to help locate the sections which are pertinent to the issue of sales of property titled in decedent and guardianship estates. DECEDENTS ESTATES I. DEPENDENT ADMISTRATION GENERAL RULE Sec COURT ORDER AUTHORIZING SALE. (a) Except as provided by this chapter (Chapter 356, Sale Of Estate Property ), estate property may not be sold without a court order authorizing the sale. II. SALE OF MORTGAGED PROPERTY Parties other than the personal representative (PR) may petition the court for an order of sale. Who is the seller? Who signs the deed? Sec APPLICATION FOR SALE OF MORTGAGED PROPERTY. A creditor holding a claim that is secured by a valid mortgage or other lien and that has been allowed and approved or established by suit may, by filing a written application, obtain from the court in which the estate is pending an order requiring that the property securing the lien, or as much of the property as is necessary to satisfy the claim, be sold. Sec ORDER. The court may order the lien securing the claim of a creditor who files an application under Section to be discharged out of general estate assets or refinanced if the discharge or refinance of the lien appears to the court to be OLD DOGS AND OLD TRICKS; PROBATE SALES UNDER THE ESTATES CODE 1
4 advisable. Otherwise, the court shall grant the application and order that the property securing the lien be sold at public or private sale, as considered best, as in an ordinary sale of real estate. III. PROCEDURE ON FAILURE TO APPLY FOR SALE Another example of when someone other than the PR may petition the court for an order of sale. Sec FAILURE TO APPLY FOR SALE. If the personal representative of an estate neglects to apply for an order to sell sufficient estate property to pay charges and claims against the estate that have been allowed and approved or established by suit, any interested person, on written application, may have the representative cited to appear and make a full exhibit of the estate's condition and show cause why a sale of the property should not be ordered. Sec COURT ORDER. On hearing an application under Section , if the court is satisfied that a sale of estate property is necessary or advisable to satisfy the charges and claims described by Section , the court shall enter an order of sale as provided by Section IV. SALE OF REAL PROPERTY: APPLICATION FOR SALE STEP 1 Sec APPLICATION FOR ORDER OF SALE. An application may be made to the court for an order to sell estate property if the sale appears necessary or advisable to: (1) pay: (A) expenses of administration; (B) the decedent's funeral expenses; (C) expenses of the decedent's last illness; (D) allowances; and (E) claims against the estate; or (2) dispose of an interest in estate real property if selling the interest is considered in the estate's best interest. Sec CONTENTS OF APPLICATION. An application for the sale of real estate must: (1) be in writing; (2) describe: (A) the real estate sought to be sold; or (B) the interest in or part of the real estate sought to be sold; and (3) be accompanied by an exhibit, verified by an affidavit, showing: (A) the estate's condition fully and in detail; OLD DOGS AND OLD TRICKS; PROBATE SALES UNDER THE ESTATES CODE 2
5 (B) the charges and claims that have been approved or established by suit or that have been rejected and may yet be established; (C) the amount of each claim described by Paragraph (B); (D) the estate property remaining on hand that is liable for the payment of the claims described by Paragraph (B); and (E) any other facts showing the necessity for or advisability of the sale. Sec CITATION. On the filing of an application and exhibit described by Section , the clerk shall issue a citation to all persons interested in the estate. The citation must: (1) describe the real estate or the interest in or part of the real estate sought to be sold; (2) inform the interested persons of the right under Section to file an opposition to the sale during the period prescribed by the court in the citation; and (3) be served by posting. Sec OPPOSITION TO SALE. During the period prescribed in a citation issued under Section , any person interested in the estate may file: (1) a written opposition to the sale; or (2) an application for the sale of other estate property. Note that hearings on applications are no longer mandatory. Sec HEARING ON APPLICATION AND ANY OPPOSITION. (a) The clerk of the court in which an application for an order of sale is filed shall immediately call to the judge's attention any opposition to the sale that is filed during the period prescribed in the citation issued under Section The court shall hold a hearing on the application if an opposition to the sale is filed during the period prescribed in the citation. (b) A hearing on an application for an order of sale is not required under this section if no opposition to the application is filed during the period prescribed in the citation. The court may determine that a hearing on the application is necessary even if no opposition is filed during that period. (c) If the court orders a hearing under Subsection (a) or (b), the court shall designate in writing a date and time for the hearing on the application and any opposition, together with the evidence pertaining to the application and any opposition. The clerk shall issue a notice of the date and time of the hearing to the applicant and to each person who files an opposition to the sale, if applicable. (d) The judge, by entries on the docket, may continue a hearing held under this section from time to time until the judge is satisfied concerning the application. V. SALE OF REAL PROERTY: ORDER STEP 2 OLD DOGS AND OLD TRICKS; PROBATE SALES UNDER THE ESTATES CODE 3
6 Sec ORDER. (a) The court shall order the sale of the estate property described in an application for an order of sale if the court is satisfied that the sale is necessary or advisable. Otherwise, the court may deny the application and, if the court considers it best, may order the sale of other estate property the sale of which would be more advantageous to the estate. (b) An order for the sale of real estate under this section must specify: (1) the property to be sold, including a description that identifies that property; (2) whether the property is to be sold at public auction or private sale and, if at public auction, the time and place of the sale; (3) the necessity or advisability of, and the purpose of, the sale; (4) except in a case in which a personal representative was not required to give a general bond, that the court, after examining the general bond given by the representative, finds that: (A) the bond is sufficient as required by law; or (B) the bond is insufficient; (5) if the court finds that the general bond is insufficient under Subdivision (4)(B), the amount of the necessary or increased bond, as applicable; (6) that the sale is to be made and the report returned in accordance with law; and (7) the terms of the sale. Sec SALE FOR PAYMENT OF DEBTS. Estate real property selected to be sold for the payment of expenses or claims must be that property the sale of which the court considers most advantageous to the estate. VI. SALE OF REAL ESTATE: TERMS OF SALE Sec PERMISSIBLE TERMS. Real estate of an estate may be sold for cash, part cash and part credit, or the equity in land securing an indebtedness may be sold subject to the indebtedness, or with an assumption of the indebtedness, at public or private sale, as appears to the court to be in the estate's best interest. Sec SALE ON CREDIT. (a) The cash payment for real estate of an estate sold partly on credit may not be less than one-fifth of the purchase price. The purchaser shall execute a note for the deferred payments, payable in monthly, quarterly, semiannual, or annual installments, in amounts that appear to the court to be in the estate's best interest. The note must bear interest from the date at a rate of not less than four percent per year, payable as provided in the note. (b) A note executed by a purchaser under Subsection (a) must be secured by a vendor's lien retained in the deed and in the note on the property sold, and be further secured by a deed of trust on the property sold, with the usual provisions for foreclosure and sale OLD DOGS AND OLD TRICKS; PROBATE SALES UNDER THE ESTATES CODE 4
7 on failure to make the payments provided in the deed and the note. (c) At the election of the holder of a note executed by a purchaser under Subsection (a), default in the payment of principal, interest, or any part of the principal or interest, when due matures the entire debt. VII. SALE OF REAL ESTATE: PUBLIC SALE Sec REQUIRED NOTICE. (a) Except as otherwise provided by Section (c), the personal representative of an estate shall advertise a public sale of real estate of the estate by a notice published in the county in which the estate is pending, as provided by this title for publication of notices or citations. The notice must: (1) include a reference to the order of sale; (2) include the time, place, and required terms of sale; and (3) briefly describe the real estate to be sold. (b) The notice required by Subsection (a) is not required to contain field notes, but if the real estate to be sold is rural property, the notice must include: (1) the name of the original survey of the real estate; (2) the number of acres comprising the real estate; (3) the location of the real estate in the county; and (4) any name by which the real estate is generally known. Sec METHOD OF SALE. A public sale of real estate of an estate shall be made at public auction to the highest bidder. Sec TIME AND PLACE OF SALE. (a) Except as provided by Subsection (c), a public sale of real estate of an estate shall be made at: (1) the courthouse door in the county in which the proceedings are pending; or (2) another place in that county at which sales of real estate are specifically authorized to be made. (b) The sale must occur between 10 a.m. and 4 p.m. on the first Tuesday of the month after publication of notice has been completed. (c) If the court considers it advisable, the court may order the sale to be made in the county in which the real estate is located, in which event notice shall be published both in that county and in the county in which the proceedings are pending. Sec CONTINUANCE OF SALE. (a) A public sale of real estate of an estate that is not completed on the day advertised may be continued from day to day by an oral public announcement of the continuance made at the conclusion of the sale each day. (b) A continued sale must occur within the hours prescribed by Section (b). OLD DOGS AND OLD TRICKS; PROBATE SALES UNDER THE ESTATES CODE 5
8 (c) The continuance of a sale under this section shall be shown in the report of the sale made to the court. Sec FAILURE OF BIDDER TO COMPLY. (a) If a person bids off real estate of the estate offered for sale at public auction and fails to comply with the terms of the sale, the property shall be re-advertised and sold without any further order. (b) The person defaulting on a bid as described by Subsection (a) is liable for payment to the personal representative of the estate, for the estate's benefit, of: (1) 10 percent of the amount of the bid; and (2) the amount of any deficiency in price on the second sale. (c) The personal representative may recover the amounts under Subsection (b) by suit in any court in the county in which the sale was made that has jurisdiction of the amount claimed. VIII. SALE OF REAL ESTATE: PRIVATE SALE Sec MANNER OF SALE. A private sale of real estate of the estate shall be made in the manner the court directs in the order of sale. Unless the court directs otherwise, additional advertising, notice, or citation concerning the sale is not required. IX. SALE OF EASEMENT OR RIGHT-OF-WAY This is a peculiar type of sale in that the PR has wider discretion in these situations than in other types of sale. Note that the 4 step process still applies. Sec AUTHORIZATION. Easements and rights-of-way on, under, and over the land of an estate that is being administered under court order may be sold and conveyed regardless of whether the sale proceeds are required to pay charges or claims against the estate or for other lawful purposes. Sec PROCEDURE. The procedure for the sale of an easement or right-of-way authorized under Section is the same as the procedure provided by law for a sale of estate real property at private sale. X. SALE OF REAL PROPERTY: REPORT OF SALE STEP 3 Sec REPORT. A sale of estate real property shall be reported to the court ordering the sale not later than the 30th day after the date the sale is made. The report must: (1) be sworn to, in writing, and filed with the clerk; (2) include: OLD DOGS AND OLD TRICKS; PROBATE SALES UNDER THE ESTATES CODE 6
9 (A) the date of the order of sale; (B) a description of the property sold; (C) the time and place of sale; (D) the purchaser's name; (E) the amount for which each parcel of property or interest in property was sold; (F) the terms of the sale; (G) whether the sale was made at public auction or privately; and (H) whether the purchaser is ready to comply with the order of sale; and (3) be noted on the probate docket. Sec ACTION OF COURT ON REPORT OF SALE. After the expiration of five days from the date a report of sale is filed under Section , the court shall: (1) inquire into the manner in which the sale was made; (2) hear evidence in support of or against the report; and (3) determine the sufficiency or insufficiency of the personal representative's general bond, if any has been required and given. XI. SALE OF REAL PROPERTY: CONFIRMATION STEP 4 Sec CONFIRMATION OR DISAPPROVAL ORDER. (a) If the court is satisfied that a sale reported under Section was for a fair price, properly made, and in conformity with law, and the court has approved any increased or additional bond that the court found necessary to protect the estate, the court shall enter an order: (1) confirming the sale; (2) showing conformity with this chapter; (3) detailing the terms of the sale; and (4) authorizing the personal representative to convey the property on the purchaser's compliance with the terms of the sale. (b) If the court is not satisfied that the sale was for a fair price, properly made, and in conformity with law, the court shall enter an order setting aside the sale and ordering a new sale to be made, if necessary. (c) The court's action in confirming or disapproving a report of a sale has the effect of a final judgment. Any person interested in the estate or in the sale is entitled to have an order entered under this section reviewed as in other final judgments in probate proceedings. Note: Consult with your underwriter as to whether you can insure prior to the time the Order becomes non-appealable. OLD DOGS AND OLD TRICKS; PROBATE SALES UNDER THE ESTATES CODE 7
10 XII. SALE OF REAL PROPERTY: DEED Sec DEED. Real estate of an estate that is sold shall be conveyed by a proper deed that refers to and identifies the court order confirming the sale. The deed: (1) vests in the purchaser all right and title of the estate to, and all interest of the estate in, the property; and (2) is prima facie evidence that the sale has met all applicable requirements of the law. Sec DELIVERY OF DEED. (a) After the court has confirmed a sale and the purchaser has complied with the terms of the sale, the personal representative of the estate shall promptly execute and deliver to the purchaser a proper deed conveying the property. (b) If the sale is made partly on credit: (1) the vendor's lien securing one or more purchase money notes must be expressly retained in the deed and may not be waived; and (2) before actual delivery of the deed to the purchaser, the purchaser shall execute and deliver to the personal representative of the estate one or more vendor's lien notes, with or without personal sureties as ordered by the court, and a deed of trust or mortgage on the property as additional security for the payment of the notes. (c) On completion of the transaction, the personal representative of the estate shall promptly file or cause to be filed and recorded the deed of trust or mortgage in the appropriate records in the county in which the land is located. XIII. MEETING THE OBJECTION THAT THE DEED SHOULD BE DELIVERED BEFORE THE COURT CONFIRMS THE SALE It is very common to encounter attorneys who want to put the cart before the horse and close the deal at the title company before seeking confirmation of the sale. The Code clearly indicates the confirmation must come before the deed is executed. The deed (Sect ) must refer to and identify the court order confirming the sale. Note: The grantor may be identified as: John Doe, administrator of the estate of Richard Smith, Deceased, acting pursuant to that Order Confirming Sale signed on January 1, 2014 in the Estate of Richard Smith, Deceased, Cause No , pending in the Probate Court of Big County, Texas. WHEN THE POWER OF SALE IS GRANTED IN THE WILL XIV. Sec SALE AUTHORIZED BY WILL. OLD DOGS AND OLD TRICKS; PROBATE SALES UNDER THE ESTATES CODE 8
11 (a) Subject to Subsection (b), if a will authorizes the executor to sell the testator's property: (1) a court order is not required to authorize the executor to sell the property; and (2) the executor may sell the property: (A) at public auction or privately as the executor considers to be in the best interest of the estate; and (B) for cash or on credit terms determined by the executor. (b) Any particular directions in the testator's will regarding the sale of estate property shall be followed unless the directions have been annulled or suspended by court order. [Sometimes a will provides that the executor is to have all the powers of a trustee. Since a trustee has the inherent power of sale, a will which gives the executor all the powers of a trustee is sufficient to confer a power of sale. Texas Property Code, Sect Gatesville Redi-Mix, Inc. v. Jones, 787 SW2d 443 (Tex.App.Waco 1990, writ denied).] INDEPENDENT ADMISTRATION In this section, the decedent may have died with or without a will. XV. GRANTING THE POWER OF SALE BY AGREEMENT Sec GRANTING POWER OF SALE BY AGREEMENT. In a situation in which a decedent does not have a will, or a decedent's will does not contain language authorizing the personal representative to sell property or contains language that is not sufficient to grant the representative that authority, the court may include in an order appointing an independent executor under Section (created in the will) or (created by agreement) any general or specific authority regarding the power of the independent executor to sell property that may be consented to by the beneficiaries who are to receive any interest in the property in the application for independent administration or in their consents to the independent administration. The independent executor, in such event, may sell the property under the authority granted in the court order without the further consent of those beneficiaries. NOTE: If all independent executors inherently have the power of sale, there would be no need for Sect to apply to situations where a court appoints an IE and a decedent s will does not contain a power of sale or where the language used is not sufficient to grant the IE that authority. XVI. POWER OF SALE GENERALLY OLD DOGS AND OLD TRICKS; PROBATE SALES UNDER THE ESTATES CODE 9
12 Attorneys often point to the next two sections for authority that any IE can sell without a court order. These sections contradict other, more specific sections. As a risk avoidance approach, title companies generally will chose to not be strictly controlled by these sections and will follow the rule of construction that the specific controls over the general. Sec INDEPENDENT EXECUTORS MAY ACT WITHOUT COURT APPROVAL Unless this title (Title 2, Estates of Decedents ) specifically provides otherwise, any action that a personal representative subject to court supervision may take with or without a court order may be taken by an independent executor without a court order.... Note: This section must be read in conjunction with Sect (3) Sec POWER OF SALE OF ESTATE PROPERTY GENERALLY. Unless limited by the terms of a will, an independent executor, in addition to any power of sale of estate property given in the will, and an independent administrator have the same power of sale for the same purposes (See Sect ) as a personal representative has in a supervised administration, but without the requirement of court approval. The procedural requirements applicable to a supervised administration do not apply. The preceding and following sections, which must be read together, authorize an IE to sell for limited purposes without a court order, provided the proper affidavit is executed by the IE. Sec PROTECTION OF PERSON PURCHASING ESTATE PROPERTY. (a) A person who is not a devisee or heir is not required to inquire into the power of sale of estate property of the independent executor or independent administrator or the propriety of the exercise of the power of sale if the person deals with the independent executor or independent administrator in good faith and: (1) a power of sale is granted to the independent executor in the will; (2) a power of sale is granted under Section in the court order appointing the independent executor or independent administrator; or (3) the independent executor or independent administrator provides an affidavit, executed and sworn to under oath and recorded in the deed records of the county where the property is located, that the sale is necessary or advisable for any of the purposes described in Section (1). Sec APPLICATION FOR ORDER OF SALE. An application may be made to the court for an order to sell estate property if the sale appears necessary or advisable to: (1) pay: OLD DOGS AND OLD TRICKS; PROBATE SALES UNDER THE ESTATES CODE 10
13 (A) expenses of administration; (B) the decedent's funeral expenses; (C) expenses of the decedent's last illness; (D) allowances; and (E) claims against the estate; or (2) dispose of an interest in estate real property if selling the interest is considered in the estate's best interest. (b) As to acts undertaken in good faith reliance, the affidavit described by Subsection (a)(3) is conclusive proof, as between a purchaser of property from the estate, and the personal representative of an estate or the heirs and distributees of the estate, with respect to the authority of the independent executor or independent administrator to sell the property. The signature or joinder of a devisee or heir who has an interest in the property being sold as described in this section is not necessary for the purchaser to obtain all right, title, and interest of the estate in the property being sold. (c) This subchapter does not relieve the independent executor or independent administrator from any duty owed to a devisee or heir in relation, directly or indirectly, to the sale. XVII. TEXAS CASE LAW IS THE SAME AS SECT An independent executor has the authority to sell estate property for the purpose of paying expenses of administration, funeral expenses, expenses of last illness, allowances, or claims against the estate, even if the will does not confer an explicit power of sale. Roy v. Whitaker, 48 SW 892 (Tex. Sup. 1898), modified, 49 SW 367, Tex. Sup. 1899). The existence of these types of debts vests the independent executor with an implied power of sale. Note: This is codified in Sect (3). Title Company Requirement: The grantor of such a deed should be: John Smith, Independent Executor of the Estate of Mary Smith, Deceased, pending in the Probate Court of Bexar County, Texas, No PC-9999, acting pursuant to Sect (A)(3) of the Estates Code. XVIII. SALES OF A MINOR S PROPERTY WITHOUT A GUADIANSHIP These sections are an expanded re-codification of Probate Code Sect Sec AUTHORITY TO SELL MINOR'S INTEREST IN PROPERTY WITHOUT GUARDIANSHIP. A parent or managing conservator of a minor who is not a ward may OLD DOGS AND OLD TRICKS; PROBATE SALES UNDER THE ESTATES CODE 11
14 apply to the court under this subchapter for an order to sell an interest of the minor in property without being appointed guardian if the net value of the interest does not exceed $100,000. Sec APPLICATION; VENUE. (a) A parent or managing conservator shall apply to the court under oath for the sale of property under this subchapter. (b) An application must contain: (1) the minor's name; (2) a legal description of the real property or a description that identifies the personal property, as applicable; (3) the minor's interest in the property; (4) the purchaser's name; (5) a statement that the sale of the minor's interest in the property is for cash; and (6) a statement that all money received by the parent or managing conservator shall be used for the minor's use and benefit. (c) Venue for the application is the same as venue for an application for the appointment of a guardian for a minor. Sec HEARING; REQUIREMENTS FOR SALE. (a) On receipt of an application under this subchapter, the court shall set the application for hearing on a date not earlier than five days from the date the application was filed. (b) The court may cause citation to be issued if the court considers citation necessary. (c) At the time of the hearing, the court shall order the sale of the property if the court is satisfied from the evidence that the sale is in the minor's best interests. The court may require an independent appraisal of the property to be sold to establish the minimum sale price. Sec PAYMENT OF SALE PROCEEDS INTO COURT REGISTRY. If the court enters an order of sale of property as provided by this subchapter, the purchaser of the property shall pay the proceeds of the sale belonging to the minor into the court registry. Sec WITHDRAWAL OF SALE PROCEEDS FROM REGISTRY NOT PROHIBITED. This subchapter does not prevent the sale proceeds deposited into the court registry under Section from being withdrawn from the court registry under Chapter Sec DISAFFIRMATION OF SALE PROHIBITED. A minor may not disaffirm a sale of property made in accordance with a court order under this subchapter. OLD DOGS AND OLD TRICKS; PROBATE SALES UNDER THE ESTATES CODE 12
15 XIX. SALES BY GUARDIANS OF THE PERSON GUARDIANSHIPS SALES BY GUARDIANS OF THE PERSON When handling sales by guardians, title companies generally deal with guardians of the estate of the ward. However, in some situations a guardian of the person can sell the ward s real estate. Sec APPLICABILITY OF SUBCHAPTER. This subchapter applies only to a ward who has a guardian of the person but does not have a guardian of the estate. Sec AUTHORITY TO SELL WARD'S INTEREST IN PROPERTY WITHOUT APPOINTMENT AS GUARDIAN OF THE ESTATE. A guardian of the person of a ward may apply to the court under this subchapter for an order to sell an interest in property in the ward's estate without being appointed guardian of the ward's estate if the net value of the interest does not exceed $100,000. Sec APPLICATION; VENUE. (a) An application under this subchapter must: (1) be under oath; and (2) contain the information required by Section (b). (b) For purposes of Subsection (a)(2), references in Section (b) to: (1) "minor" are replaced with references to "ward"; and (2) "parent or managing conservator" are replaced with references to "guardian of the person." (c) Venue for the application is the same as venue for an application for the appointment of a guardian for the ward. Sec HEARING. (a) On receipt of an application under this subchapter, the court shall set the application for hearing on a date not earlier than five days from the date the application was filed. (b) The court may cause citation to be issued if the court considers citation necessary. (c) The procedures and evidentiary requirements for the hearing are the same as the procedures and evidentiary requirements for a hearing of an application filed under Subchapter A. (Sect ) Sec PAYMENT OF SALE PROCEEDS INTO COURT REGISTRY. If the court enters an order of sale of property as provided by this subchapter, the purchaser of the OLD DOGS AND OLD TRICKS; PROBATE SALES UNDER THE ESTATES CODE 13
16 property shall pay the proceeds of the sale belonging to the ward into the court registry. Sec WITHDRAWAL OF SALE PROCEEDS FROM REGISTRY NOT PROHIBITED. This subchapter does not prevent the sale proceeds deposited into the court registry under Section from being withdrawn from the court registry under Chapter Sec DISAFFIRMATION OF SALE PROHIBITED. A ward may not disaffirm a sale of property made in accordance with a court order under this subchapter. SALES BY GUARDIANS OF THE ESTATE There is no such thing as an independent guardianship. When it comes to sales, court approval will always be a requirement. XX. SALES BY GUARDIANS OF THE ESTATE Sec COURT ORDER AUTHORIZING SALE. (a) Except as provided by this chapter, any property of a ward may not be sold without a court order authorizing the sale. (b) Except as otherwise specifically provided by this title, the court may order property of a ward to be sold for cash or on credit, at public auction or privately, as the court considers most advantageous to the estate. XXI. SALE OF MORTGAGED PROPERTY Sec APPLICATION FOR SALE OF MORTGAGED PROPERTY. On the filing of a written application, a creditor holding a claim that is secured by a valid mortgage or other lien and that has been allowed and approved or established by suit may obtain from the court in which the guardianship is pending an order requiring that the property securing the lien, or as much of the property as is necessary to satisfy the creditor's claim, be sold. Sec CITATION. On the filing of an application under Section , the clerk shall issue a citation requiring the guardian of the estate to appear and show cause why the application should not be granted. Sec ORDER. The court may order the lien securing the claim of a creditor who files an application under Section to be discharged out of general estate assets or refinanced if the discharge or refinance of the lien appears to the court to be advisable. Otherwise, the court shall grant the application and order that the property securing the lien be sold at public or private sale, as the court considers best, as in an OLD DOGS AND OLD TRICKS; PROBATE SALES UNDER THE ESTATES CODE 14
17 ordinary sale of real estate. XXII. SALE OF REAL PROPERTY: APPLICATION AND ORDER FOR SALE STEP 1 Sec APPLICATION FOR ORDER OF SALE. An application may be made to the court for an order to sell real property of a ward's estate if the sale appears necessary or advisable to: (1) pay: (A) expenses of administration, allowances, and claims against the ward or the ward's estate; and (B) if the guardianship is kept open after the death of the ward, the ward's funeral expenses and expenses of the ward's last illness; (2) make up the deficiency if the income of a ward's estate, the personal property of the estate, and the proceeds of previous sales are insufficient to pay for the education and maintenance of the ward or to pay debts against the estate; (3) dispose of property of the ward's estate that consists wholly or partly of an undivided interest in real estate if considered in the best interests of the estate to sell the interest; (4) dispose of real estate of a ward, any part of which is nonproductive or does not produce sufficient revenue to make a fair return on the value of the real estate, if: (A) the improvement of the real estate with a view to making the property productive is not considered advantageous or advisable; and (B) the sale of the real estate and the investment of the money derived from that sale appears to be in the estate's best interests; or (5) conserve the ward's estate by selling mineral interest or royalties on minerals in place owned by the ward. Sec CONTENTS OF APPLICATION. An application for the sale of real estate must: (1) be in writing; (2) describe: (A) the real estate sought to be sold; or (B) the interest in or part of the real estate sought to be sold; and (3) be accompanied by an exhibit, verified by an affidavit, showing fully and in detail: (A) the estate's condition; (B) the charges and claims that have been approved or established by suit or that have been rejected and may be established later; (C) the amount of each claim described by Paragraph (B); (D) the estate property remaining on hand that is liable for the payment of the claims described by Paragraph (B); and (E) any other facts showing the necessity for or advisability of the sale. OLD DOGS AND OLD TRICKS; PROBATE SALES UNDER THE ESTATES CODE 15
18 Sec CITATION. On the filing of an application for the sale of real estate under Section , accompanied by an exhibit described by Section , the clerk shall issue a citation to all persons interested in the guardianship. The citation must: (1) describe the real estate or the interest in or part of the real estate sought to be sold; (2) inform the interested persons of the right under Section to file an opposition to the sale during the period prescribed by the court in the citation; and (3) be served by posting. Sec OPPOSITION TO SALE. During the period prescribed in a citation issued under Section , a person interested in the guardianship may file: (1) a written opposition to the sale; or (2) an application for the sale of other estate property. Sec HEARING ON APPLICATION AND ANY OPPOSITION. (a) The clerk of the court in which an application for an order of sale is filed shall immediately call to the judge's attention any opposition to the sale that is filed during the period prescribed in the citation issued under Section The court shall hold a hearing on the application if an opposition to the sale is filed during the period prescribed in the citation. (b) A hearing on an application for an order of sale is not required under this section if no opposition to the application is filed during the period prescribed in the citation. The court may determine that a hearing on the application is necessary even if no opposition is filed during that period. (c) If the court orders a hearing under Subsection (a) or (b), the court shall designate in writing a date and time for the hearing on the application and any opposition, together with the evidence pertaining to the application and any opposition. The clerk shall issue a notice of the date and time of the hearing to the applicant and to each person who files an opposition to the sale, if applicable. (d) The judge, by entries on the docket, may continue a hearing held under this section from time to time until the judge is satisfied concerning the application. XXIII. SALE OF REAL PROPERTY: ORDER STEP 2 Sec ORDER. (a) The court shall order the sale of the property of the estate described in an application under Section if the court is satisfied that the sale is necessary or advisable. Otherwise, the court may deny the application and, if the court considers it best, may order the sale of other estate property the sale of which would be more advantageous to the estate. (b) An order for the sale of real estate under this section must specify: (1) the property to be sold, including a description that identifies that property; OLD DOGS AND OLD TRICKS; PROBATE SALES UNDER THE ESTATES CODE 16
19 (2) whether the property is to be sold at public auction or private sale and, if at public auction, the time and place of the sale; (3) the necessity or advisability of, and the purpose of, the sale; (4) except in a case in which a guardian of the estate was not required to give a general bond, that the court, after examining the general bond given by the guardian, finds that: (A) the bond is sufficient as required by law; or (B) the bond is insufficient; (5) if the court finds that the general bond is insufficient under Subdivision (4)(B), the amount of the necessary or increased bond, as applicable; (6) that the sale is to be made and the report returned in accordance with law; and (7) the terms of the sale. Sec SALE FOR PAYMENT OF DEBTS. Real property of a ward selected to be sold for the payment of expenses or claims must be that property the sale of which the court considers most advantageous to the guardianship. Sec PERMISSIBLE TERMS. Real estate of an estate may be sold for cash, or for part cash and part credit, or the equity in land securing an indebtedness may be sold subject to the indebtedness, or with an assumption of the indebtedness, at public or private sale, as appears to the court to be in the estate's best interests. XXIV. SALE OF REAL ESTATE: PUBLIC SALE Sec REQUIRED NOTICE. (a) Except as otherwise provided by this title, the guardian of the estate shall advertise a public sale of real estate of the estate by a notice published in the county in which the estate is pending, as provided by this title for publication of notices or citations. The notice must include a reference to: (1) the order of sale; (2) the time, place, and required terms of sale; and (3) a brief description of the real estate to be sold. (b) The reference described by Subsection (a)(1) is not required to contain field notes, but if the real estate to be sold is rural property, the reference must include: (1) the name of the original survey of the real estate; (2) the number of acres the real estate consists of; (3) the location of the real estate in the county; and (4) the name by which the real estate is generally known. Sec METHOD OF SALE. A public sale of real estate of an estate shall be made at public auction to the highest bidder. OLD DOGS AND OLD TRICKS; PROBATE SALES UNDER THE ESTATES CODE 17
20 Sec TIME AND PLACE OF SALE. (a) Except as provided by Subsection (c), a public sale of real estate of an estate shall be made at: (1) the courthouse door in the county in which the guardianship proceedings are pending; or (2) another place in that county at which sales of real estate are specifically authorized to be made. (b) The sale must occur between 10 a.m. and 4 p.m. on the first Tuesday of the month after publication of notice has been completed. (c) If the court considers it advisable, the court may order the sale to be made in the county in which the real estate is located, in which event notice shall be published both in that county and in the county in which the proceedings are pending. XXV. SALE OF REAL ESTATE: PRIVATE SALE Sec MANNER OF SALE. A private sale of real estate of the estate shall be made in the manner the court directs in the order of sale. Unless the court directs otherwise, additional advertising, notice, or citation concerning the sale is not required. XXVI. SALE OF EASEMENT OR RIGHT-OF-WAY Sec AUTHORIZATION. The guardian may sell and convey easements and rights-of-way on, under, and over the land of a guardianship estate that is being administered under court order, regardless of whether the sale proceeds are required to pay charges or claims against the estate, or for other lawful purposes. Sec PROCEDURE. The procedure for the sale of an easement or right-of-way authorized under Section is the same as the procedure provided by law for a sale of real property of a ward at private sale. XXVII. SALE OF REAL PROPERTY: REPORT OF SALE STEP 3 Sec REPORT. A sale of estate real property shall be reported to the court ordering the sale not later than the 30th day after the date the sale is made. The report must: (1) be in writing, sworn to, and filed with the clerk; (2) include: (A) the date of the order of sale; (B) a description of the property sold; (C) the time and place of sale; (D) the purchaser's name; OLD DOGS AND OLD TRICKS; PROBATE SALES UNDER THE ESTATES CODE 18
21 (E) the amount for which each parcel of property or interest in the parcel of property was sold; (F) the terms of the sale; (G) whether the sale was made at public auction or privately; and (H) whether the purchaser is ready to comply with the order of sale; and (3) be noted on the guardianship docket. Sec ACTION OF COURT ON REPORT OF SALE. After the expiration of five days from the date a report of sale is filed under Section , the court shall: (1) inquire into the manner in which the sale was made; (2) hear evidence in support of or against the report; and (3) determine the sufficiency or insufficiency of the guardian's general bond, if any has been required and given. Sec CONFIRMATION OF SALE WHEN BOND NOT REQUIRED. If the guardian of the estate of a ward is not required by Subtitle D to give a general bond, the court may confirm the sale of estate real property in the manner provided by Section (a) if the court finds that the sale is satisfactory and made in accordance with law. Sec SUFFICIENCY OF BOND. (a) If the guardian of an estate is required by Subtitle D to give a general bond, before the court confirms any sale of real estate, the court shall determine whether the bond is sufficient to protect the estate after the sale proceeds are received. (b) If the court finds that the general bond is sufficient, the court may confirm the sale as provided by Section (a). (c) If the court finds that the general bond is insufficient, the court may not confirm the sale until the general bond is increased to the amount required by the court, or an additional bond is given, and approved by the court. (d) An increase in the amount of the general bond, or the additional bond, as applicable under Subsection (c), must be equal to the sum of: (1) the amount for which the real estate is sold; and (2) any additional amount the court finds necessary and sets for the estate's protection. XXVIII. SALE OF REAL PROPERTY: CONFIRMATION STEP 4 Sec CONFIRMATION OR DISAPPROVAL ORDER. (a) If the court is satisfied that a sale reported under Section was for a fair price, was properly made, and was in conformity with law, and the court has approved any increased or additional bond that the court found necessary to protect the estate, the court shall enter an order: OLD DOGS AND OLD TRICKS; PROBATE SALES UNDER THE ESTATES CODE 19
22 (1) confirming the sale; (2) showing conformity with the provisions of this chapter relating to the sale; (3) detailing the terms of the sale; and (4) authorizing the guardian of the estate to convey the property on the purchaser's compliance with the terms of the sale. (b) If the court is not satisfied that the sale was for a fair price, was properly made, and was in conformity with law, the court shall issue an order setting aside the sale and ordering a new sale to be made, if necessary. (c) The court's action in confirming or disapproving a report of a sale has the effect of a final judgment. Any person interested in the guardianship estate or in the sale is entitled to have an order entered under this section reviewed as in other final judgments in probate proceedings. XXIV. SALE OF REAL PROPERTY: DEED Sec DEED. Real estate of an estate that is sold shall be conveyed by a proper deed that refers to and identifies the court order confirming the sale. The deed: (1) vests in the purchaser all right and title of the estate to, and all interest of the estate in, the property; and (2) is prima facie evidence that the sale has met all applicable requirements of law. Sec DELIVERY OF DEED. (a) After the court has confirmed a sale and one purchaser has complied with the terms of the sale, the guardian of the estate shall execute and deliver to the purchaser a proper deed conveying the property. (b) If the sale is made partly on credit: (1) the vendor's lien securing a purchase money note must be expressly retained in the deed and may not be waived; and (2) before actual delivery of the deed to the purchaser, the purchaser shall execute and deliver to the guardian of the estate a vendor's lien note, with or without personal sureties as ordered by the court, and a deed of trust or mortgage on the property as additional security for the payment of the note. (c) On completion of the transaction, the guardian of the estate shall promptly file and record the deed of trust or mortgage in the appropriate records in the county in which the land is located. XXX. PROCEDURE ON FAILURE TO APPLY FOR SALE Sec FAILURE TO APPLY FOR SALE. If the guardian of the estate of a ward neglects to apply for an order to sell sufficient property to pay charges and claims against the estate that have been allowed and approved or established by suit, an interested person, on written application, may have the guardian cited to appear and OLD DOGS AND OLD TRICKS; PROBATE SALES UNDER THE ESTATES CODE 20
23 make a full exhibit of the estate's condition and show cause why a sale of the property should not be ordered. Sec COURT ORDER. On hearing an application under Section , if the court is satisfied that a sale of estate property is necessary or advisable to satisfy the charges and claims described by Section , the court shall enter an order of sale as provided by Section XXXI. THE POWERS OF A GUARDIAN THAT EXTEND BEYOND THE DEATH OF THE WARD January 29 Ward adjudged insane February 15 Guardian appointed February 20 Guardian qualified March 9 Application to sell real estate March 15 Application granted March 17 Report of private sale March 20 Ward dies (*) March 23 Sale confirmed March 25 Guardian s deed Under these facts, it was held that the deed conveyed no title because the judgment (the order confirming sale) on which it was based was void. Easterline v. Bean, 49 SW2d 427 (Tex. 1932).... when a ward dies the probate court loses jurisdiction of the guardianship matter, save and except the guardianship shall be immediately settled and the guardianship discharged as provided by law. The death of the ward stopped the proceedings authorizing the further sale of land belonging to the ward, and such judgment entered after the death of the ward was the judgment of the court having no jurisdiction over the subject matter adjudicated. Id., p ~ SOME DEFINITIONS FROM THE ESTATES CODE Sect Independent Executor "Independent Executor means the personal representative of an estate under independent administration as provided by Chapter 401 and Section The term includes an independent administrator. Sect Representative; Personal Representative (a) Representative and personal representative include: OLD DOGS AND OLD TRICKS; PROBATE SALES UNDER THE ESTATES CODE 21
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