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Terms Used In Alabama Code 43-2-440

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Decedent: A deceased person.
  • Executor: A male person named in a will to carry out the decedent
  • Probate: Proving a will

The executor or administrator may rent the decedent‘s lands at public outcry, or, when the interest of the estate requires it, privately; and such rent is assets; but when lands are rented privately, he must report such renting to the probate court of the proper county within 30 days thereafter.