Real Property Actions are to be commenced in the county where the property exists. Complete all sections of this Annual Report, and attach additional pages and documents as necessary.Seller shall sell and convey and Purchaser shall purchase the property, together with all buildings and improvements thereon (collectively the. It includes, for example, both real and personal property held in the decedent's name alone or payable to the decedent or his or her estate. The executor has the power to sell estate property as long as the terms are in the best interest of the estate, unless the will prohibits it.