40.0323 Sale of real property.

Cite as [A.S.C.A. § 40.0323]

(a) Real property in an estate may be sold only upon an order signed by the Trial Division of the High Court.

(b) The court may not grant an application to sell real estate until all the personal property has been exhausted and the proceeds thereof found insufficient to pay the estate debts.

(c) Sales of real property shall be conducted in accordance with the order of the Court, and subject to the provisions of 37.0201 et seq. regarding the alienation of land.

History: 1962, PL 7-2 1; amd 1979 PL 16-53 § 18; readopted 1980, PL 16-88 § 1; 1982, PL 17-3 1 § 1.

Amendments: 1979 Subsection (a): substituted “Trial Division” for “Probate Division”.