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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) Estate property that is rented must be returned to the estate's possession in as good a condition, except for reasonable wear and tear, as when the property was rented.
(b) The guardian of the estate shall:
(1) ensure that rented estate property is returned in the condition required by Subsection (a);
(2) report to the court any damage to, or loss or destruction of, estate property rented under this chapter; and
(3) ask the court for the authority to take any necessary action.
(c) A guardian who fails to act as required by this section and the sureties on the guardian's bond are liable to the estate for any loss or damage suffered as a result of the guardian's failure.
Cite this article: FindLaw.com - Texas Estates Code - EST § 1159.004. Condition of Returned Estate Property - last updated January 01, 2024 | https://codes.findlaw.com/tx/estates-code/est-sect-1159-004/
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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