Sales in General: Sale to Pay Debts, Legacies, Family

15 GCA § 2311 — under Personal Representative's Dealings with Estate Property.

15 GCA § 2311

Allowance or Expenses; Selection of Property; Manner of Sale; Interest Which may be Sold. (a) In selling property of an estate to pay debts, legacies, family allowance or expenses, there shall be no priority as between personal and real property. (b) When a sale of property of an estate is necessary for any of the purposes set forth in subsection (a) of this Section, or when it is for the advantage, benefit and best interests of an estate and those interested therein that any property of such estate be sold, the personal representative may sell the same, either at public auction or private sale, using his discretion as to which property to sell first, subject to the provisions of Sections 2303 and 2305 of this Title. (c) The personal representative, in making any sale under the provisions of this Section, may sell the entire interest of the estate in the property or any lesser interest or estate therein. SOURCE: Subsections (a) and (b): Probate Code of Guam (1970), § 754. Subsection (c): California Probate Code, § 754 (as amended in 1949).