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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) When the court has found that all or part of an estate is not capable of fair and equal division, the court shall order the sale of all estate property not capable of fair and equal division.
(b) The sale must be made by the executor or administrator in the manner provided for the sale of real estate to satisfy estate debts.
(c) The court shall distribute the proceeds collected from the sale to the persons entitled to the proceeds.
(d) A distributee who buys property at the sale is required to pay or secure only the amount by which the distributee's bid exceeds the amount of the distributee's share of the property.
Cite this article: FindLaw.com - Texas Estates Code - EST § 360.202. Sale of Estate Property - last updated January 01, 2024 | https://codes.findlaw.com/tx/estates-code/est-sect-360-202/
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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