Report of Sale of Real Property and Petition for Confirmation of Sale - Arizona: This is a report filed by the Administrator of an estate. It details a sale of the estate's property, reasoning for the sale and the amount collected. It requests that the court approve said sale, and is signed in front of a Notary Public. It is available for download in both Word and Rich Text formats.
Phoenix Arizona Report of Sale of Real Property and Petition for Confirmation of Sale
Category:
State:
Arizona
City:
Phoenix
Control #:
AZ-PB-19
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Arizona Report Of Sale Of Real Property And Petition For Confirmation Of Sale?
If you are searching for a legitimate form template, it’s infeasible to select a superior platform than the US Legal Forms site – arguably the most comprehensive online libraries.
Here you can obtain thousands of document samples for business and personal uses categorized by type and location, or relevant phrases.
With the sophisticated search functionality, locating the most current Phoenix Arizona Report of Sale of Real Property and Petition for Confirmation of Sale is as straightforward as 1-2-3.
Finalize the transaction. Utilize your credit card or PayPal account to finish the registration process.
Obtain the form. Select the file format and save it to your device.
- Moreover, the validity of each document is confirmed by a group of specialized attorneys who routinely examine the templates on our site and update them to meet the latest state and county regulations.
- If you are already familiar with our platform and possess a registered account, all you need to do to obtain the Phoenix Arizona Report of Sale of Real Property and Petition for Confirmation of Sale is to Log In to your account and click the Download button.
- If you are using US Legal Forms for the first time, just adhere to the steps outlined below.
- Ensure you have accessed the form you require. Review its details and utilize the Preview option to examine its content. If it does not satisfy your requirements, use the Search field at the top of the page to locate the correct document.
- Confirm your choice. Click the Buy now button. After that, choose your desired pricing plan and enter your information to create an account.
Form popularity
FAQ
You can make an application to remove an Executor either before a Grant of Probate has been issued or after. Generally, if such an application is made after the issue of a Grant of Probate, it would be made to the High Court under Section 50 of the Administration of Justice Act 1985.
In Arizona, probate is required when an estate is worth more than $75,000. If the estate is worth less than that amount, the beneficiaries can file a Small Estate Affidavit to claim their inheritance without going through probate.
Compensation for an Arizona Personal Representative Generally personal representatives receive reasonable compensation paid at $25 to $50 per hour.
Probate. If you are named in someone's will as an executor, you may have to apply for probate. This is a legal document which gives you the authority to share out the estate of the person who has died according to the instructions in the will. You do not always need probate to be able to deal with the estate.
In the state of Arizona, probate is only required if the decedent has any assets that did not transfer automatically upon their death. These assets tend to be titled individually in the decedent's name and will require a probate court to transfer the title of ownership to the intended beneficiary.
Once the Grant has been received the personal representative has a duty to collect in the assets of the deceased, pay the liabilities and distribute the estate to the beneficiaries. They have many powers to assist them when dealing with an estate e.g. power to sell property, insure property and invest monies, etc.
To open probate proceedings, a family member or friend will need to file a petition with the county court. If the family members are in agreement, the court can appoint one of them to serve as the estate's executor or personal representative.
When is a probate action required in Arizona? Under Arizona law, the general rule is that if the deceased person owned more than $100,000 of equity in real estate, or more than $75,000 of personal property (including physical possessions and money), then a probate action is required to transfer the assets to the heirs.
The total value of the estate's personal property, including cash, bank accounts, stocks, bonds, jewelry and automobiles, cannot exceed $75,000. Additionally, the total assessed value of the estate's real property cannot exceed $100,000 after the value of liens or encumbrances has been subtracted.
A person interested in the estate may petition for removal of a personal representative for cause at any time. Once the petition is filed the court will set a time and place for a hearing. Notice shall be given by the petitioner to the personal representative, and to other persons as the court may order.