§ 30.400 What may be purchased at probate?
§ 30.401 Who may purchase at probate?
§ 30.402 Does property purchased at probate remain in trust or restricted status?
§ 30.403 Is consent required for a purchase at probate?
§ 30.404 How do I initiate a purchase at probate?
§ 30.405 When may I initiate a purchase at probate?
§ 30.406 May I withdraw my request to purchase at probate?
§ 30.407 How will OHA address requests to purchase at probate?
§ 30.408 What will OHA include in the probate decision or reconsideration order when a purchase at probate request is pending?
§ 30.409 How will a pending purchase at probate request affect how the decedent’s property is distributed?
§ 30.410 How will the purchase at probate process continue after the decision or reconsideration order is issued?
§ 30.411 How will the interests to be purchased at probate be valued?
§ 30.412 What will OHA do when it receives BIA’s notification that an appraisal/valuation has been completed?
§ 30.413 Who are potential bidders?
§ 30.414 What will be contained in the Order to Submit Bids?
§ 30.415 What may I do if I do not agree with the determination of fair market value in the Order to Submit Bids?
§ 30.416 How does OHA decide whether a bid is successful?
§ 30.417 How does the judge notify the parties whether there was a successful bid?
§ 30.418 When must the successful bidder pay for the interest purchased?
§ 30.419 What happens after the successful bidder submits payment?
§ 30.420 What happens if the successful bidder does not submit payment within 30 days?
§ 30.421 When does a purchased interest vest in the purchaser?
§ 30.422 What will happen to any lease income received or accrued from purchased land interests before the purchased interest vests in the purchaser?
§ 30.423 What may I do if I disagree with the judge’s determination to approve or deny a purchase at probate?
§ 30.424 When will the order approving or denying the purchase at probate become final?
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Terms Used In CFR > Title 43 > Subtitle A > Part 30 > Subpart M - Purchase At Probate

  • Appraisal: A determination of property value.
  • Chambers: A judge's office.
  • Decedent: A deceased person.
  • Devise: To gift property by will.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Intestate: Dying without leaving a will.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).
  • Probate: Proving a will
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • restricted property: as used in this part does not include the restricted lands of the Five Civilized Tribes of Oklahoma or the Osage Nation. See 43 CFR 30.101