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Fill and Sign the Order Granting Authority to Sell Real Estate and Automobile Mississippi Form

Fill and Sign the Order Granting Authority to Sell Real Estate and Automobile Mississippi Form

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IN THE CHANCERY COURT OF       COUNTY, MISSISSIPPI IN THE MATTER OF THE ESTATE OF       NO.       ORDER GRANTING AUTHORITY TO SELL REAL ESTATE AND AUTOMOBILE THIS DAY this cause came on to be heard on the Petition for Authority to Sell Real Estate and Automobile of the Estate of       filed herein by       , Executor(Trix) of the Estate of       , being the children, sole heirs at law of       and beneficiaries under the Will of       , and the Court being advised in the premises finds as follows: 1. That       , departed this life on the       day of       ,       , and at such time, maintained a fixed residence in       County, Mississippi, and that       , on the       day of       ,       , made, published and declared an instrument in writing purporting to be his/her Last Will and Testament. 2. That on or about             ,       , this Court issued an Order Admitting said Will to Probate and appointing       as Executor(Trix) of the Estate of       and that on or about       ,       , Letters Testamentary were issued by the       County Chancery Clerk upon       's taking of the requisite Oath. 3. That       by his/her Last Will and Testament willed, devised and bequeathed all of his/her property to his/her children as follows:       shall go to       ,       ;       shall go to       ,       ; and       shall be divided equally among       ,       and       . 4. That the estate consists of a residence located at       certain personal property including, but not limited to, a       , Serial Number       ,       , miscellaneous items, stock,       . That Petitioners, being the children, sole heirs at law of       and beneficiaries under the Will of       , recognizing that the real estate and       in question cannot be divided in kind, desire to sell said items to a buyer for a reasonable price. 5. That to date, one claim has been probated against the estate by       in the amount of $       and that although no other claims have been filed, the time for the probating of such claims has not expired. That Petitioners are aware of other potential claims against the estate which, if properly probated, will amount to less than $       , and that other debts of the estate include an administrators fee and attorneys fees. 6. That Petitioners have shown unto the Court that the real estate was appraised on             ,       , by       , a licensed and qualified appraiser, and that the fair market value of the real estate was determined to be approximately $       . That Petitioners currently have no outstanding offers for purchase of the house and that Petitioners have requested that this Court authorize       , as Executor(Trix) , to enter into the necessary contracts to place the property for sale on the real estate market and thereafter to execute all documentation, including, but not limited to, a sales contract, closing documents and an Executor(Trix) 's Deed, in order to facilitate the sale of the property. That Petitioners have shown that the Will waived the requirement of bond and consequently have requested that this Court also waive the requirement of bond for the sale of real estate by the Executor(Trix) . 7. That Petitioners have shown that the value of the       is in the $       to $       range and that Petitioners have requested that this Court authorize       to sell said vehicle to a buyer for an amount within or greater than said range. That Petitioners have further requested that this Court authorize       , as Executor(Trix) , to execute the necessary sales contract and other documents necessary to facilitate sale of the vehicle. 8. That after the real property has been sold, the sale proceeds, less expenses of sale, will be placed in an estate account until disbursement is authorized by the court and that likewise, following the sale of the       , the sale proceeds, less expenses of sale, will be placed in an estate account until disbursement is authorized by the court. IT IS THEREFORE ORDERED AND ADJUDGED that       as Executor(Trix) of the Estate of       is hereby authorized to place that certain real estate located at       ,       County, Mississippi for sale in the real estate market and thereafter to execute all documentation, including, but not limited to, a sales contract, closing documents and an Executor(Trix) 's Deed, in order to facilitate the sale of the property. IT IS ORDERED AND ADJUDGED that the requirement of posting of bond on the sale of the real estate is hereby waived. IT IS ORDERED AND ADJUDGED that       as Executor(Trix) of the Estate of       is hereby authorized to sell that certain       , Serial Number,       , to a buyer for an amount equal to or greater than the market value of said vehicle and       is hereby authorized to enter a contract for the sale of the vehicle and to execute any and all necessary documentation necessary to facilitate the sale. SO ORDERED AND ADJUDGED , this the       day of       ,       . ____________________________________ CHANCELLOR Prepared by:                         Telephone:       MSB #       Attorney for      

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