Further Security May Be Required On Sale of Real Property

15 GCA § 2029 — under Oaths, Form of Letters, and Security for Faithful Performance of Personal Representative.

15 GCA § 2029

Before any sale of the real property of an estate is confirmed, the Superior Court of Guam may require the personal representative to provide further security for the faithful performance of his trust in light of the increased value of the personal property of the estate, treating the expected proceeds of the sale as personal property. SOURCE: Probate Code of Guam (1970), § 542; Guam Law Revision Commission.