Source: https://chowins.com/resources/texas-wills-and-probate-laws/185-renting-estate-property-texas-wills-and-probate-law
Timestamp: 2018-12-10 11:06:59
Document Index: 596365443

Matched Legal Cases: ['§ 357', '§ 357', '§ 357', '§ 357', '§ 357', '§ 357', '§ 357']

Renting Estate Property - Texas Wills and Probate Law - Chowins Law Firm, PLLC | Chowins Law Firm, PLLC
TEXAS ESTATES CODE, TITLE 2. SUBTITLE H. CHAPTER 357.
§ 357.001. RENTING ESTATE PROPERTY WITHOUT COURT ORDER.
(a) The personal representative of an estate, without a court order, may rent any of the estate property for one year or less, at public auction or privately, as is considered to be in the best interest of the estate.
§ 357.002. RENTING ESTATE PROPERTY WITH COURT ORDER.
(a) The personal representative of an estate may, if the representative prefers, and shall, if the proposed rental period is more than one year, file a written application with the court setting forth the property the representative seeks to rent.
§ 357.003. ESTATE PROPERTY RENTED ON CREDIT.
Possession of estate property rented on credit may not be delivered until the renter executes and delivers to the personal representative a note with good personal security for the amount of the rent. If the property is delivered without the representative receiving the required security, the representative and the sureties on the representative's bond are liable for the full amount of the rent. When a rental is payable in installments, in advance of the period to which the installments relate, this section does not apply.
§ 357.004. CONDITION OF RETURNED ESTATE PROPERTY.
(a) Estate property that is rented, with or without a court order, 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.
§ 357.005. COMPLAINT FOR FAILURE TO RENT.
(a) Any person interested in an estate may:
§ 357.051. REPORTS CONCERNING RENTALS.
(a) A personal representative of an estate who rents estate property with an appraised value of $3,000 or more shall, not later than the 30th day after the date the property is rented, file with the court a sworn and written report stating:
§ 357.052. COURT ACTION ON REPORT.
(a) At any time after the fifth day after the date the report of renting is filed, the court shall: