reglab/housing_qa huggingface dataset:
CA Prob Code § 2544 (2021)
2021 California Code|Probate Code - PROB|DIVISION 4 - GUARDIANSHIP, CONSERVATORSHIP, AND OTHER PROTECTIVE PROCEEDINGS|PART 4 - PROVISIONS COMMON TO GUARDIANSHIP AND CONSERVATORSHIP|CHAPTER 6 - Powers and Duties of Guardian or Conservator of the Estate|ARTICLE 7 - Sales|Section 2544.

2544.  (a) Except as specifically limited by order of the court, subject to Section 2541, the guardian or conservator may sell securities without authorization, confirmation, or direction of the court if any of the following conditions is satisfied:(1) The securities are to be sold on an established stock or bond exchange.(2) The securities to be sold are securities designated as a national market system security on an interdealer quotation system or subsystem thereof, by the National Association of Securities Dealers, Inc., sold through a broker-dealer registered under the Securities Exchange Act of 1934 during the regular course of business of the broker-dealer.(3) The securities are to be directly redeemed by the issuer thereof.(b) Section 2543 does not apply to sales under this section.(Amended by Stats. 1996, Ch. 86, Sec. 2. Effective January 1, 1997.)
CA Prob Code § 2544.5 (2021)
2021 California Code|Probate Code - PROB|DIVISION 4 - GUARDIANSHIP, CONSERVATORSHIP, AND OTHER PROTECTIVE PROCEEDINGS|PART 4 - PROVISIONS COMMON TO GUARDIANSHIP AND CONSERVATORSHIP|CHAPTER 6 - Powers and Duties of Guardian or Conservator of the Estate|ARTICLE 7 - Sales|Section 2544.5.

2544.5.  Except as specifically limited by the court, subject to Section 2541, the guardian or conservator may sell mutual funds held without designation of a beneficiary without authorization, confirmation, or direction of the court. Section 2543 does not apply to sales under this section.(Added by Stats. 1996, Ch. 86, Sec. 2.5. Effective January 1, 1997.)
CA Prob Code § 2545 (2021)
2021 California Code|Probate Code - PROB|DIVISION 4 - GUARDIANSHIP, CONSERVATORSHIP, AND OTHER PROTECTIVE PROCEEDINGS|PART 4 - PROVISIONS COMMON TO GUARDIANSHIP AND CONSERVATORSHIP|CHAPTER 6 - Powers and Duties of Guardian or Conservator of the Estate|ARTICLE 7 - Sales|Section 2545.

2545.  (a) Subject to subdivisions (b) and (c) and to Section 2541, the guardian or conservator may sell or exchange tangible personal property of the estate without authorization, confirmation, or direction of the court.(b) The aggregate of the sales or exchanges made during any calendar year under this section may not exceed five thousand dollars ($5,000).(c) A sale or exchange of personal effects or of furniture or furnishings used for personal, family, or household purposes may be made under this section only if:(1) In the case of a guardianship, the ward is under the age of 14 or, if 14 years of age or over, consents to the sale or exchange.(2) In the case of a conservatorship, the conservatee either (i) consents to the sale or exchange or (ii) the conservatee does not have legal capacity to give such consent.(d) Failure of the guardian or conservator to observe the limitations of subdivision (b) or (c) does not invalidate the title of, or impose any liability upon, a third person who acts in good faith and without actual notice of the lack of authority of the guardian or conservator.(e) Subdivision (b) of Section 2543 does not apply to sales under this section.(Enacted by Stats. 1990, Ch. 79.)
CA Prob Code § 2547 (2021)
2021 California Code|Probate Code - PROB|DIVISION 4 - GUARDIANSHIP, CONSERVATORSHIP, AND OTHER PROTECTIVE PROCEEDINGS|PART 4 - PROVISIONS COMMON TO GUARDIANSHIP AND CONSERVATORSHIP|CHAPTER 6 - Powers and Duties of Guardian or Conservator of the Estate|ARTICLE 7 - Sales|Section 2547.

2547.  The guardian or conservator shall apply the proceeds of the sale to the purposes for which it was made, as far as necessary, and the residue, if any, shall be managed as the other property of the estate.(Enacted by Stats. 1990, Ch. 79.)
CA Prob Code § 2548 (2021)
2021 California Code|Probate Code - PROB|DIVISION 4 - GUARDIANSHIP, CONSERVATORSHIP, AND OTHER PROTECTIVE PROCEEDINGS|PART 4 - PROVISIONS COMMON TO GUARDIANSHIP AND CONSERVATORSHIP|CHAPTER 6 - Powers and Duties of Guardian or Conservator of the Estate|ARTICLE 7 - Sales|Section 2548.

2548.  No action for the recovery of any property sold by a guardian or conservator may be maintained by the ward or conservatee or by any person claiming under the ward or conservatee unless commenced within the later of the following times:(a) Three years after the termination of the guardianship or conservatorship. (b) When a legal disability to sue exists by reason of minority or otherwise at the time the cause of action accrues, within three years after the removal thereof.(Enacted by Stats. 1990, Ch. 79.)
CA Prob Code § 2550 (2021)
2021 California Code|Probate Code - PROB|DIVISION 4 - GUARDIANSHIP, CONSERVATORSHIP, AND OTHER PROTECTIVE PROCEEDINGS|PART 4 - PROVISIONS COMMON TO GUARDIANSHIP AND CONSERVATORSHIP|CHAPTER 6 - Powers and Duties of Guardian or Conservator of the Estate|ARTICLE 8 - Notes, Mortgages, Leases, Conveyances, and Exchanges|Section 2550.

2550.  Except as otherwise provided by statute, a guardian or conservator may borrow money, lend money, give security, lease, convey, or exchange property of the estate, or engage in any other transaction under this article only after authorization by order of the court. Such an order may be obtained in the manner provided in this article.(Amended by Stats. 1992, Ch. 572, Sec. 5. Effective January 1, 1993.)
CA Prob Code § 2552 (2021)
2021 California Code|Probate Code - PROB|DIVISION 4 - GUARDIANSHIP, CONSERVATORSHIP, AND OTHER PROTECTIVE PROCEEDINGS|PART 4 - PROVISIONS COMMON TO GUARDIANSHIP AND CONSERVATORSHIP|CHAPTER 6 - Powers and Duties of Guardian or Conservator of the Estate|ARTICLE 8 - Notes, Mortgages, Leases, Conveyances, and Exchanges|Section 2552.

2552.  (a) The guardian or conservator may give a security interest or other lien upon the personal property of the estate or any part thereof or a mortgage or deed of trust upon the real property of the estate or any part thereof, after authorization by order of the court as provided in Section 2551, for any of the following purposes:(1) To pay, reduce, extend, or renew a security interest, lien, mortgage, or deed of trust already existing on property of the estate.(2) To improve, use, operate, or preserve the property proposed to be mortgaged or subjected to a deed of trust, or some part thereof.(b) If property of the estate consists of an undivided interest in real or personal property, or any other interest therein less than the entire ownership, upon a showing that it would be to the advantage of the estate to borrow money to improve, use, operate, or preserve the property jointly with the owners of the other interests therein, or to pay, reduce, extend, or renew a security interest, lien, mortgage, or deed of trust already existing on all of the property, the guardian or conservator, after authorization by order of the court as provided in Section 2551, may join with the owners of the other interests in the borrowing of money and the execution of a joint and several note and such security interest, lien, mortgage, or deed of trust as may be required to secure the payment of the note. The note may be for such sum as is required for the purpose.(c) No omission, error, or irregularity in the proceedings under this section shall impair or invalidate the proceedings or the note, security interest, lien, mortgage, or deed of trust given pursuant to an order made under this section.(Enacted by Stats. 1990, Ch. 79.)
CA Prob Code § 2552.5 (2021)
2021 California Code|Probate Code - PROB|DIVISION 4 - GUARDIANSHIP, CONSERVATORSHIP, AND OTHER PROTECTIVE PROCEEDINGS|PART 4 - PROVISIONS COMMON TO GUARDIANSHIP AND CONSERVATORSHIP|CHAPTER 6 - Powers and Duties of Guardian or Conservator of the Estate|ARTICLE 8 - Notes, Mortgages, Leases, Conveyances, and Exchanges|Section 2552.5.

2552.5.  For the purpose of this article, if a lease gives the lessee the right to extend the term of the lease, the length of the term shall be considered as though the right to extend had been exercised.(Enacted by Stats. 1990, Ch. 79.)
CA Prob Code § 2553 (2021)
2021 California Code|Probate Code - PROB|DIVISION 4 - GUARDIANSHIP, CONSERVATORSHIP, AND OTHER PROTECTIVE PROCEEDINGS|PART 4 - PROVISIONS COMMON TO GUARDIANSHIP AND CONSERVATORSHIP|CHAPTER 6 - Powers and Duties of Guardian or Conservator of the Estate|ARTICLE 8 - Notes, Mortgages, Leases, Conveyances, and Exchanges|Section 2553.

2553.  (a) Except as provided in Section 2555, leases may be executed by the guardian or conservator with respect to the property of the estate only after authorization by order of the court.(b) To obtain an order under this section, the guardian or conservator or any interested person may file a petition with the court. The petition shall state (1) a general description of the property proposed to be leased, (2) the term, rental, and general conditions of the proposed lease, and (3) the advantage to the estate to accrue from giving the lease. If the lease is proposed to be for a term longer than 10 years, the petition shall also state facts showing the need for the longer lease and its advantage to the estate. Notice of the hearing on the petition shall be given for the period and in the manner provided in Chapter 3 (commencing with Section 1460) of Part 1.(c) At the hearing, the court shall entertain and consider any other offer made in good faith at the hearing to lease the same property on more favorable terms. If the court is satisfied that it will be to the advantage of the estate, the court shall make an order authorizing the guardian or conservator to make the lease to the person and on the terms and conditions stated in the order. The court shall not make an order authorizing the guardian or conservator to make the lease to any person other than the lessee named in the petition unless the offer made at the hearing is acceptable to the guardian or conservator.(d) Jurisdiction of the court to administer the estate of the ward or conservatee is effectual to vest the court with jurisdiction to make the order for the lease. This jurisdiction shall conclusively inure to the benefit of the lessee and the lessee’s heirs and assigns. No omission, error, or irregularity in the proceedings shall impair or invalidate the proceedings or the lease made pursuant to an order made under this article.(Enacted by Stats. 1990, Ch. 79.)
CA Prob Code § 2554 (2021)
2021 California Code|Probate Code - PROB|DIVISION 4 - GUARDIANSHIP, CONSERVATORSHIP, AND OTHER PROTECTIVE PROCEEDINGS|PART 4 - PROVISIONS COMMON TO GUARDIANSHIP AND CONSERVATORSHIP|CHAPTER 6 - Powers and Duties of Guardian or Conservator of the Estate|ARTICLE 8 - Notes, Mortgages, Leases, Conveyances, and Exchanges|Section 2554.

2554.  (a) An order authorizing the execution of a lease shall set forth the minimum rental or royalty or both and the period of the lease, which shall be for such time as the court may authorize.(b) The order may authorize other terms and conditions, including, with respect to a lease for the purpose of exploration for or production or removal of minerals, oil, gas, or other hydrocarbon substances, or geothermal energy, any one or more of the following:(1) A provision for the payment of rental and royalty to a depositary.(2) A provision for the appointment of a common agent to represent the interests of all the lessors.(3) A provision for the payment of a compensatory royalty in lieu of rental and in lieu of drilling and producing operations on the land covered by the lease. (4) A provision empowering the lessee to enter into any agreement authorized by Section 3301 of the Public Resources Code with respect to the land covered by the lease.(5) A provision for a community oil lease or pooling or unitization by the lessee.(c) If the lease covers additional property owned by other persons or an undivided or other interest of the ward or conservatee less than the entire ownership in the property, the order may authorize the lease to provide for division of rental and royalty in the proportion that the land or interest of each owner bears to the total area of the land or total interests covered by such lease.(d) If the lease is for the purpose of exploration for or production or removal of minerals, oil, gas, or other hydrocarbon substances, or geothermal energy, the court may authorize that the lease be for a fixed period and any of the following:(1) So long thereafter as minerals, oil, gas, or other hydrocarbon substances or geothermal energy are produced in paying quantities from the property leased or mining or drilling operations are conducted thereon.(2) If the lease provides for the payment of a compensatory royalty, so long thereafter as such compensatory royalty is paid.(3) If the land covered by the lease is included in an agreement authorized by Section 3301 of the Public Resources Code, so long thereafter as oil, gas, or other hydrocarbon substances are produced in paying quantities from any of the lands included in any such agreement or drilling operations are conducted thereon.(Enacted by Stats. 1990, Ch. 79.)
CA Prob Code § 2555 (2021)
2021 California Code|Probate Code - PROB|DIVISION 4 - GUARDIANSHIP, CONSERVATORSHIP, AND OTHER PROTECTIVE PROCEEDINGS|PART 4 - PROVISIONS COMMON TO GUARDIANSHIP AND CONSERVATORSHIP|CHAPTER 6 - Powers and Duties of Guardian or Conservator of the Estate|ARTICLE 8 - Notes, Mortgages, Leases, Conveyances, and Exchanges|Section 2555.

2555.  If it is to the advantage of the estate, the guardian or conservator may lease, as lessor, real property of the estate without authorization of the court in either of the following cases:(a) Where the rental does not exceed five thousand dollars ($5,000) a month and the term does not exceed two years.(b) Where the lease is from month to month, regardless of the amount of the rental.(Amended by Stats. 1990, Ch. 710, Sec. 11. Operative July 1, 1991, by Sec. 48 of Ch. 710.)
CA Prob Code § 2556 (2021)
2021 California Code|Probate Code - PROB|DIVISION 4 - GUARDIANSHIP, CONSERVATORSHIP, AND OTHER PROTECTIVE PROCEEDINGS|PART 4 - PROVISIONS COMMON TO GUARDIANSHIP AND CONSERVATORSHIP|CHAPTER 6 - Powers and Duties of Guardian or Conservator of the Estate|ARTICLE 8 - Notes, Mortgages, Leases, Conveyances, and Exchanges|Section 2556.

2556.  (a) If it is for the advantage, benefit, and best interests of the estate and those interested therein, the guardian or conservator, after authorization by order of the court, may do any of the following either with or without consideration:(1) Dedicate or convey real property of the estate for any purpose to any of the following:(A) This state or any public entity in this state.(B) The United States or any agency or instrumentality of the United States. (2) Dedicate or convey an easement over any real property of the estate to any person for any purpose.(3) Convey, release, or relinquish to this state or any public entity in this state any access rights to any street, highway, or freeway from any real property of the estate.(4) Consent as a lienholder to a dedication, conveyance, release, or relinquishment under paragraph (1), (2), or (3) by the owner of property subject to the lien.(b) To obtain an order under this section, the guardian or conservator or any other interested person shall file a petition with the court. Notice of the hearing on the petition shall be given for the period and in the manner provided in Chapter 3 (commencing with Section 1460) of Part 1.(Enacted by Stats. 1990, Ch. 79.)
CA Prob Code § 2557 (2021)
2021 California Code|Probate Code - PROB|DIVISION 4 - GUARDIANSHIP, CONSERVATORSHIP, AND OTHER PROTECTIVE PROCEEDINGS|PART 4 - PROVISIONS COMMON TO GUARDIANSHIP AND CONSERVATORSHIP|CHAPTER 6 - Powers and Duties of Guardian or Conservator of the Estate|ARTICLE 8 - Notes, Mortgages, Leases, Conveyances, and Exchanges|Section 2557.

2557.  (a) Whenever it is for the advantage, benefit, and best interests of the ward or conservatee and those legally entitled to support, maintenance, or education from the ward or conservatee, the guardian or conservator, after authorization by order of the court, may exchange any property of the estate for other property upon such terms and conditions as may be prescribed by the court. The terms and conditions prescribed by the court may include the payment or receipt of part cash by the guardian or conservator.(b) To obtain an order under this section, the guardian or conservator or any interested person shall file a petition containing all of the following:(1) A description of the property.(2) The terms and conditions of the proposed exchange.(3) A showing that the proposed exchange is for the advantage, benefit, and best interests of the ward or conservatee and those legally entitled to support, maintenance, or education from the ward or conservatee.(c) Except as provided in subdivision (d), notice of the hearing on the petition shall be given for the period and in the manner provided in Chapter 3 (commencing with Section 1460) of Part 1.(d) If the petition is for authorization to exchange stocks, bonds, or other securities as defined in Section 10200 for different stocks, bonds, or other securities, the court, upon a showing of good cause, may order that the notice be given for a shorter period or be dispensed with.(e) After authorization by order of the court, the guardian or conservator may execute the conveyance or transfer to the person with whom the exchange is made to effectuate the exchange.(f) No omission, error, or irregularity in the proceedings under this section shall impair or invalidate the proceedings or the exchange made pursuant to an order made under this section.(Enacted by Stats. 1990, Ch. 79.)
CA Prob Code § 2570 (2021)
2021 California Code|Probate Code - PROB|DIVISION 4 - GUARDIANSHIP, CONSERVATORSHIP, AND OTHER PROTECTIVE PROCEEDINGS|PART 4 - PROVISIONS COMMON TO GUARDIANSHIP AND CONSERVATORSHIP|CHAPTER 6 - Powers and Duties of Guardian or Conservator of the Estate|ARTICLE 9 - Investments and Purchase of Property|Section 2570.

2570.  (a) The guardian or conservator, after authorization by order of the court, may invest the proceeds of sales and any other money of the estate as provided in the order.(b) To obtain an order of the court authorizing a transaction under subdivision (a) of this section, the guardian or conservator, the ward or conservatee, or any other interested person may file a petition with the court.(c) Notice of the hearing on the petition shall be given for the period and in the manner provided in Chapter 3 (commencing with Section 1460) of Part 1. The court may order that the notice be dispensed with.(d) The court may require such proof of the fairness and feasibility of the transaction as the court determines is necessary.(e) If the required showing is made, the court may make an order authorizing the transaction and may prescribe in the order the terms and conditions upon which the transaction shall be made.(Enacted by Stats. 1990, Ch. 79.)
CA Prob Code § 2571 (2021)
2021 California Code|Probate Code - PROB|DIVISION 4 - GUARDIANSHIP, CONSERVATORSHIP, AND OTHER PROTECTIVE PROCEEDINGS|PART 4 - PROVISIONS COMMON TO GUARDIANSHIP AND CONSERVATORSHIP|CHAPTER 6 - Powers and Duties of Guardian or Conservator of the Estate|ARTICLE 9 - Investments and Purchase of Property|Section 2571.

2571.  When authorized by order of the court under Section 2570, the guardian or conservator may purchase:(a) Real property in this state as a home for the ward or conservatee if such purchase is for the advantage, benefit, and best interest of the ward or conservatee.(b) Real property as a home for those legally entitled to support and maintenance from the ward or conservatee if such purchase is for the advantage, benefit, and best interest of the ward or conservatee and of those legally entitled to support and maintenance from the ward or conservatee.(Enacted by Stats. 1990, Ch. 79.)
CA Prob Code § 2572 (2021)
2021 California Code|Probate Code - PROB|DIVISION 4 - GUARDIANSHIP, CONSERVATORSHIP, AND OTHER PROTECTIVE PROCEEDINGS|PART 4 - PROVISIONS COMMON TO GUARDIANSHIP AND CONSERVATORSHIP|CHAPTER 6 - Powers and Duties of Guardian or Conservator of the Estate|ARTICLE 9 - Investments and Purchase of Property|Section 2572.

2572.  An order authorizing the guardian or conservator to purchase real property may authorize the guardian or conservator to join with the spouse of the ward or the spouse or domestic partner of the conservatee or with any other person or persons in the purchase of the real property, or an interest, equity, or estate therein, in severalty, in common, in community, or in joint tenancy, for cash or upon a credit or for part cash and part credit. When the court authorizes the purchase of real property, the court may order the guardian or conservator to execute all necessary instruments and commitments to complete the transaction.(Amended by Stats. 2001, Ch. 893, Sec. 37. Effective January 1, 2002.)
CA Prob Code § 2573 (2021)
2021 California Code|Probate Code - PROB|DIVISION 4 - GUARDIANSHIP, CONSERVATORSHIP, AND OTHER PROTECTIVE PROCEEDINGS|PART 4 - PROVISIONS COMMON TO GUARDIANSHIP AND CONSERVATORSHIP|CHAPTER 6 - Powers and Duties of Guardian or Conservator of the Estate|ARTICLE 9 - Investments and Purchase of Property|Section 2573.

2573.  An order authorizing investment in bonds issued by any state or of any city, county, city and county, political subdivision, public corporation, district, or special district of any state may authorize the guardian or conservator to select from among bonds issued by any such issuer, without specifying any particular issuer or issue of bonds, if the type of issuer is designated in general terms and the order specifies as to such bonds a minimum quality rating as shown in a recognized investment service, a minimum interest coupon rate, a minimum yield to maturity, and the date of maturity within a five-year range.(Enacted by Stats. 1990, Ch. 79.)