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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) If real property is held by a trustee under a trust created by deed or will and, by reason of a change of circumstances or in the condition of the real property since the creation of the trust, the execution of the trust in exact accordance with the terms of the deed or will has become impossible or would fail to secure the objects manifestly intended by the grantor or testator in the deed or will, the superior court for the judicial district in which the real property is situated may, on the complaint of the trustee or any party beneficially interested in the trust, order the sale of the real property, or any part thereof, and the investment of the proceeds, either in other real property or as trust funds generally may be by law invested for the benefit of the party beneficially interested in the trust, in such manner as the court deems the most suitable to secure the objects for which the trust was originally created, as nearly as may be, according to the intent of the original grantor or testator appearing in the original deed or will.
(b) All parties interested in the real property, by reason of the trust, or as reversioners, shall be made parties to any action brought under this section.
Cite this article: FindLaw.com - Connecticut General Statutes Title 52. Civil Actions § 52-498. Sale of land when trust cannot be executed - last updated January 01, 2025 | https://codes.findlaw.com/ct/title-52-civil-actions/ct-gen-st-sect-52-498/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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