Texas Estates Code 357.052 – Court Action On Report
Current as of: 2024 | Check for updates
|
Other versions
(a) At any time after the fifth day after the date the report of renting is filed, the court shall:
(1) examine the report; and
(2) by order approve and confirm the report if found just and reasonable.
(b) If the court disapproves the report, the estate is not bound and the court may order another offering for rent of the property that is the subject of the report, in the same manner and subject to the provisions of this chapter.
Terms Used In Texas Estates Code 357.052
- Court: means and includes:
(1) a county court in the exercise of its probate jurisdiction;
(2) a court created by statute and authorized to exercise original probate jurisdiction; and
(3) a district court exercising original probate jurisdiction in a contested matter. See Texas Estates Code 22.007 - Estate: means a decedent's property, as that property:
(1) exists originally and as the property changes in form by sale, reinvestment, or otherwise;
(2) is augmented by any accretions and other additions to the property, including any property to be distributed to the decedent's representative by the trustee of a trust that terminates on the decedent's death, and substitutions for the property; and
(3) is diminished by any decreases in or distributions from the property. See Texas Estates Code 22.012 - personal representative: include :
(1) an executor and independent executor;
(2) an administrator, independent administrator, and temporary administrator; and
(3) a successor to an executor or administrator listed in Subdivision (1) or (2). See Texas Estates Code 22.031 - Property: means real and personal property. See Texas Government Code 311.005
(c) If the court approves the report and it later appears that, by reason of any fault of the personal representative, the property was not rented for the property’s reasonable value, the court shall have the representative and the sureties on the representative’s bond appear and show cause why the reasonable value of the rent of the property should not be adjudged against the representative.