Missouri Judgment Approving and Confirming Sale of Real Property is a document used to complete the sale of real estate in the state of Missouri. This document confirms that the sale of the property has been approved by the court and that the sale of the property has been completed in accordance with applicable laws. There are two types of Missouri Judgment Approving and Confirming Sale of Real Property: (1) Judicial Sale Judgment, which is used when the sale of the property is conducted through a judicial sale; and (2) Non-Judicial Sale Judgment, which is used when the sale of the property is conducted outside of court. The document includes information such as the names of the parties involved in the sale, the amount paid for the property, the legal description of the property, and the court order approving the sale. This document is typically filed with the county recorder in the county where the property is located.
Missouri Judgment Approving and Confirming Sale of Real Property
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FAQ
The person who desires to be in charge of the probate estate files an application with the Probate Court to act as the ?personal representative? (also called ?executor?) of the estate. When approved by the Probate Court, that person must comply with certain responsibilities established in the Missouri Probate Code.
Under Missouri's Trust and Estate Law and Probate Code, no one is forced to be the executor, one must voluntarily agree to serve. That said, the original, signed Last Will and Testament will need to be filed with the probate court in the county where the deceased lived.
In most cases, if someone passes away without a will, all or the majority of their estate will pass on to their spouse, and the remaining amount will be divided between the parents of the individual who passed on or their descendants if they are not the children of the surviving spouse.
Yes, a will must be probated in Missouri. It is filed with the county court where the person lived at the time of their death. The court must determine that the will is valid.
Yes, you can sell a house in probate in Missouri. It's important for heirs and beneficiaries in a probate situation to understand how their interests in property, such as houses in probate, can be sold when they're part of an estate.
Executor fees/compensation - Missouri allows for compensation by statute; the range is two to five percent.
In Missouri, after a person dies, the heirs have one year to open a probate estate if full probate is necessary. The biggest issue that arises is that Wills are not effective unless admitted to the probate court within one year of the death of the owner of the property.
Unlike other states that have more stringent requirements, Missouri executors need only be 18 years old, and of sound mind to serve as someone's representative.