Title 15 — Decedents' Estates and Fiduciary Relations
24 chapters · 422 sections in this title.
15 V.I.C. § 491 Sale by order of court
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No sale of the property of a decedent's estate is valid unless made by order of the district court, as in this chapter prescribed, or unless otherwise authorized by law or the decedent's will. The application for an order of sale shall be the petition of the executor or administr…
15 V.I.C. § 492 Sale of property to pay charges, expenses and claims
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(a) Upon the filing of the inventory the executor or administrator may make an application to sell the personal property of the estate for the purpose of paying the funeral charges, expenses of administration, the claims, if any, against the estate, and for the purposes of distri…
15 V.I.C. § 493 Status of devised or bequeathed property
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The property, real and personal, given by the will to any devisee or legatee, is liable for the payment of the funeral charges, expenses of administration, and of claims against the estate. If there is more than one devisee or legatee, such liability is in proportion to the value…
15 V.I.C. § 494 Manner of sale of personal property
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(a) Upon issuance by the court of the order prescribed in section 492(a) of this title, the executor or administrator shall sell such personal property from time to time for the purpose specified in such section 492, and as often and as much thereof as may be necessary. Such sale…
15 V.I.C. § 495 Petition for order of sale of real property
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(a) The petition for an order of sale of real property shall state the amount of the sales of personal property, the charges, expenses, and claims still unsatisfied, so far as the same can be ascertained, a description of the real property of the estate, the condition and probabl…
15 V.I.C. § 496 Service of citation
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Upon the heirs or devisees known and resident within the Virgin Islands the citation referred to in section 495(b) of this title shall be served and returned as a summons, and upon an heir or devisee unknown or non-resident it may be served by publication or posting, or both, for…
15 V.I.C. § 497 Order of sale of real property
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If, upon the hearing pursuant to sections 495 and 496 of this title, the court finds that it is necessary that the real property, or any portion thereof, should be sold it shall make the order accordingly, and prescribe the terms thereof, whether of cash or credit, or both. If su…
15 V.I.C. § 498 Manner of sale of real property
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Upon the order of sale being made under section 497 of this title, the executor or administrator shall sell the property therein specified upon the terms directed and in the manner herein otherwise provided. Such sale shall be made in the same manner as like property is sold on e…
15 V.I.C. § 499 Court review of sale
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(a) Within ten days after the sale of real property under section 499 of this title the executor or administrator shall make a return of his proceedings concerning the sale. Upon the return any of the persons cited to appear on the application for the order of sale may file his o…
15 V.I.C. § 500 Conveyance of real property by order
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(a) A conveyance executed by an executor or administrator shall set forth the date of the order directing the sale, and the book, number thereof, and page containing the same, and the date of the order confirming the sale and directing the conveyance, and the book, number thereof…
15 V.I.C. § 501 Confirmation of conveyances of real property; action to quiet title; limitation on actions by heirs
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When any real estate has been heretofore or shall be hereafter sold by any executor or administrator under or by virtue of an order of the district court and the sale shall have been approved by the district court and the purchaser shall have paid the purchase money for the same,…
15 V.I.C. § 521 Sale of real property purchase contract
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(a) If the deceased was, at the time of his death, a party to a contract for the purchase of real property, his interest in the real property by virtue of the contract may be sold in the same manner as if the contract had been executed in the lifetime of the deceased, by a convey…
15 V.I.C. § 522 Redemption of mortgaged property
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(a) If the deceased left any property, real or personal, under mortgage, and did not devise or provide for the redemption of the same by will, the court, upon the application of the executor or administrator, or the application of an heir or creditor or other person interested in…
15 V.I.C. § 523 Sale of mortgaged property
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(a) If, upon application, the redemption referred to in section 522 of this title is deemed inexpedient or not proper, the court shall order the mortgaged property to be sold in like manner and with like effect as is provided in other cases of the sale of real property by this ch…
15 V.I.C. § 524 Foreclosed mortgages
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Sections 523 and 524 of this title shall not be construed to apply to a mortgage which has been foreclosed, or upon which a suit has been commenced for foreclosure before the application for the order of redemption or sale is made, nor to any other lien arising upon judgment or d…
15 V.I.C. § 525 Transactions to delay, hinder or defraud creditors
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(a) Whenever the assets of the estate are insufficient to satisfy the funeral charges, expenses of administration, and claims against the estate, and the deceased in his lifetime has made or suffered any conveyance, transfer, or sale of any property, real or personal, or any righ…