Selling Estate Property
In all states, the administrator owes a duty of care to the decedent's heirs. This means that if property needs to be sold to pay a deceased person's debts, the administrator must take all reasonable steps to make sure assets are valued properly and sold for an appropriate price. Further, state law may specify situations in which the administrator must seek court approval before authorizing a sale. In Virginia, for example, if the deceased person died without a will, the administrator may not sell any real estate without a court order deeming the sale necessary to cover the debts of the estate.