Louisiana Motion for Authority to Sell Property is a legal document used to request permission from a court to sell certain types of property. This motion is typically used when a person has died and the court must authorize the sale of the deceased individual's assets in order to pay creditors and/or distribute the proceeds to heirs or beneficiaries. There are two types of Louisiana Motion for Authority to Sell Property: (1) General Motion for Authority to Sell Property and (2) Special Motion for Authority to Sell Property. A General Motion for Authority to Sell Property is used when an executor or administrator of a deceased individual's estate has determined that the sale of certain assets is necessary to pay creditors or distribute the proceeds to beneficiaries. This motion must include a detailed inventory of the assets to be sold and an estimate of the net proceeds of the sale. A Special Motion for Authority to Sell Property is often used when a deceased individual's estate has assets that are not easily divided, such as real estate. This motion must include a detailed description of the property, an estimate of the fair market value, an estimate of the net proceeds of the sale, and a proposed sale price. It is also necessary to include a list of potential buyers and a proposed method of sale. In either case, the court must approve the motion before any assets can be sold.
Louisiana Motion for Authority to Sell Property
Description
How to fill out Louisiana Motion For Authority To Sell Property?
Coping with official documentation requires attention, precision, and using properly-drafted templates. US Legal Forms has been helping people nationwide do just that for 25 years, so when you pick your Louisiana Motion for Authority to Sell Property template from our library, you can be sure it meets federal and state regulations.
Working with our service is simple and quick. To get the necessary document, all you’ll need is an account with a valid subscription. Here’s a quick guide for you to obtain your Louisiana Motion for Authority to Sell Property within minutes:
- Make sure to carefully examine the form content and its correspondence with general and law requirements by previewing it or reading its description.
- Search for another formal template if the previously opened one doesn’t suit your situation or state regulations (the tab for that is on the top page corner).
- ​Log in to your account and download the Louisiana Motion for Authority to Sell Property in the format you prefer. If it’s your first experience with our website, click Buy now to continue.
- Create an account, select your subscription plan, and pay with your credit card or PayPal account.
- Choose in what format you want to obtain your form and click Download. Print the blank or upload it to a professional PDF editor to prepare it electronically.
All documents are created for multi-usage, like the Louisiana Motion for Authority to Sell Property you see on this page. If you need them in the future, you can fill them out without re-payment - just open the My Forms tab in your profile and complete your document whenever you need it. Try US Legal Forms and prepare your business and personal paperwork quickly and in total legal compliance!