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Current as of January 01, 2025 | Updated by Findlaw Staff
If property distributed in kind, or a security interest in that property, is acquired by a purchaser or lender for value from a distributee, the purchaser or lender takes title free of any claims of the estate and incurs no personal liability to the estate, whether or not the distribution was proper. The purchaser or lender need not inquire whether a personal representative acted properly in making the distribution in kind.
Cite this article: FindLaw.com - Florida Statutes Title XLII. Estates and Trusts § 733.813. Purchasers from distributees protected - last updated January 01, 2025 | https://codes.findlaw.com/fl/title-xlii-estates-and-trusts/fl-st-sect-733-813/
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