reglab/housing_qa huggingface dataset:
MO Rev Stat § 473.277 (2021)
2021 Missouri Revised Statutes|Title XXXI - Trusts and Estates of Decedents and Persons Under Disability|Chapter 473 - Probate Code — Administration of Decedents' Estates|Section 473.277 - Compromise of debts due estate.

Effective - 28 Aug 1955   473.277. Compromise of debts due estate. — When it appears for the best interest of the estate, the executor or administrator, on order of the court, may effect a fair and reasonable compromise with any debtor or other obligor, or extend, renew or in any manner modify the terms of any obligation owing to the estate. If the executor or administrator holds a mortgage, pledge or other lien upon property of another person, he may accept, in lieu of foreclosure, a conveyance or transfer of the encumbered assets from the owner thereof in satisfaction of the indebtedness secured by the lien, if it appears for the best interest of the estate and if the court so orders. In the absence of prior authorization or subsequent approval of the court, no compromise binds the estate. ­­-------- (L. 1955 p. 385 § 110)
MO Rev Stat § 473.280 (2021)
2021 Missouri Revised Statutes|Title XXXI - Trusts and Estates of Decedents and Persons Under Disability|Chapter 473 - Probate Code — Administration of Decedents' Estates|Section 473.280 - Purchase at foreclosure of mortgage held by estate.

Effective - 28 Aug 1955   473.280. Purchase at foreclosure of mortgage held by estate. — Whenever any note, bond, account, or other indebtedness belonging to the estate of any decedent is secured by mortgage, deed of trust, vendor's lien or other lien on any property, and the same is due and unpaid, the administrator or executor of the estate, under the order of the court, may purchase the property at the sale made under the mortgage, deed of trust or other lien, at a price not exceeding the amount due the estate on the note, bond, account or other indebtedness. ­­-------- (RSMo 1939 § 95, A.L. 1955 p. 385 § 111)  Prior revisions: 1929 § 95; 1919 § 94; 1909 § 102
MO Rev Stat § 473.283 (2021)
2021 Missouri Revised Statutes|Title XXXI - Trusts and Estates of Decedents and Persons Under Disability|Chapter 473 - Probate Code — Administration of Decedents' Estates|Section 473.283 - Title to real estate, how taken on such purchase — how administered.

Effective - 28 Aug 1955   473.283. Title to real estate, how taken on such purchase — how administered. — 1. Where real estate is acquired under either section 473.277 or 473.280, the conveyance thereof shall be made to the executor or administrator who holds it in trust for the same persons, whether creditors, heirs or legatees, who would be entitled to the proceeds of the mortgage if the premises had been redeemed; but if it appears to the court that the property is not required for the payment of debts, legacies or family allowances, the court shall direct that the deed be made so as to effect a conveyance to the heirs or devisees of the decedent.  2. Any real estate acquired by an executor or administrator under section 473.277 or 473.280 constitutes assets in his hands, and shall be administered and accounted for as such, and may be leased or sold for the payment of debts in the same manner as any real estate of which the decedent died seized, but the sale thereof shall be made upon the order of the court and upon the petition filed as provided for by law in other cases. ­­-------- (RSMo 1939 §§ 95, 96, A.L. 1955 p. 385 § 112)  Prior revisions: 1929 §§ 95, 96; 1919 §§ 94, 95; 1909 §§ 102, 103
MO Rev Stat § 473.287 (2021)
2021 Missouri Revised Statutes|Title XXXI - Trusts and Estates of Decedents and Persons Under Disability|Chapter 473 - Probate Code — Administration of Decedents' Estates|Section 473.287 - Encumbered property to be redeemed, when.

Effective - 28 Aug 1957   473.287. Encumbered property to be redeemed, when. — 1. If any person dies leaving real or personal property encumbered by mortgage, deed of trust, pledge, or other lien, or owning any equity of redemption, the court, in accordance with the provisions of this subsection, may order the executor or administrator to redeem the same, in whole or in part, out of other personal assets of the estate, or may order the executor or administrator to sell other real estate or to mortgage or pledge real or personal property of the estate in his hands for the purpose of raising money for such redemption. If there is a will section 473.620 applies with respect to the application or use of the property for the redemption. When not prejudicial to the rights of creditors, the court may order redemption, if it finds:  (1) The property is not specifically devised by a will and redemption will promote the interests of the estate and upon payment of the secured debt the security will become an asset of the estate; or  (2) The will of the decedent, either by express provision or clear implication, shows that the decedent intended that the secured debt, in the event of his death, should be paid out of other assets of his estate and the security exonerated from the lien of the debt; or  (3) From the terms of the loan or mortgage agreement or from the circumstances surrounding the loan or mortgage transaction, that decedent, whether testate or intestate, intended that the debt, in the event of his death, should be paid out of the other assets of the estate and that the security should be thereby exonerated from the lien of the debt.  2. No redemption of property securing an obligation which is not due shall be compelled under this section without the consent of the holder of the secured debt unless a claim is filed thereon or the instrument creating the obligation permits redemption.  3. The court may order all of the right, title and interest of the deceased in the security to be sold for the same purposes and under the same conditions and procedure as is provided in this law for sales of other property of the decedent. ­­-------- (L. 1955 p. 385 § 113, A.L. 1957 p. 829)  Prior revisions: 1929 § 139; 1919 § 138; 1909 § 147  CROSS REFERENCE:  Foreclosure of mortgages stayed by death of mortgagor, 443.300
MO Rev Stat § 473.290 (2021)
2021 Missouri Revised Statutes|Title XXXI - Trusts and Estates of Decedents and Persons Under Disability|Chapter 473 - Probate Code — Administration of Decedents' Estates|Section 473.290 - Payment of debt of decedent secured by property of another — procedure.

Effective - 28 Aug 1963   473.290. Payment of debt of decedent secured by property of another — procedure. — When any indebtedness of a decedent is secured by mortgage, pledge or other lien on property which is owned by another or which, on the death of the decedent, becomes the exclusive property of another, but is not subject to administration, the indebtedness shall be allowed and paid as other claims against the estate of the decedent unless it appears to the court that (1) the mortgage, pledge or lien was given to secure payment of the purchase price of the encumbered property or of an obligation incurred in connection with the improvement of the property, or (2) the decedent did not actually receive a substantial consideration in the transaction in which the indebtedness arose, or (3) the decedent had exclusive ownership and control of the property during his lifetime and it appears from the loan or mortgage agreement or circumstances surrounding the transaction giving rise to the mortgage, pledge or lien that decedent intended that the security should be exhausted in case of his death before any payment thereon is made from his estate. If the holder of the secured debt does not institute proceedings for the allowance and payment thereof against the estate of the decedent within three months after publication of notice of letters, then before the time for filing of claims expires the owner of any property given as security for an indebtedness under circumstances described in this section may petition the court for such orders as are necessary for the protection of his rights and for the allowance of so much of the indebtedness against the estate as will be sufficient to exonerate the security. Notice of hearing on the petition shall be given to the executor or administrator and to the holder of the indebtedness. After hearing the court may make such order in the premises as may be necessary to preserve the rights of the parties, including, if proper, an allowance of the claim against the estate. ­­-------- (L. 1955 p. 385 § 114, A.L. 1963 p. 655)
MO Rev Stat § 473.293 (2021)
2021 Missouri Revised Statutes|Title XXXI - Trusts and Estates of Decedents and Persons Under Disability|Chapter 473 - Probate Code — Administration of Decedents' Estates|Section 473.293 - Disposition of valueless or encumbered property.

Effective - 01 Jan 1981   473.293. Disposition of valueless or encumbered property. — When any personal or real property is valueless, or is so encumbered, or is in such condition that it is of no benefit to the estate, the court may by order authorize the personal representative to make such disposition thereof as the court may find to be appropriate, including, where appropriate, the immediate distribution thereof to the heirs or legatees, the abandonment, giving away or destruction thereof, the relinquishment of all interest of the estate therein, or such other disposition as may be appropriate in the circumstances. ­­-------- (L. 1955 p. 385 § 115, A.L. 1980 S.B. 637)  Effective 1-01-81
MO Rev Stat § 473.297 (2021)
2021 Missouri Revised Statutes|Title XXXI - Trusts and Estates of Decedents and Persons Under Disability|Chapter 473 - Probate Code — Administration of Decedents' Estates|Section 473.297 - Expenditures for preservation of property.

Effective - 28 Aug 1955   473.297. Expenditures for preservation of property. — When any property of an estate is in such condition as to be in imminent danger of loss or destruction or loss in value, the executor or administrator may make such expenditures as are reasonably and prudently required to avoid such loss, destruction, or loss in value until he can obtain consideration of the matter by the court, and on approval of the court such expenditures shall be allowed as expenses of administration. The court may by order authorize such further expenditures to prevent loss, destruction or loss in value as the interest of the estate requires, and shall allow them as expenses of administration. ­­-------- (RSMo 1939 §§ 102, 103, A.L. 1955 p. 385 § 116)  Prior revisions: 1929 §§ 102, 103; 1919 §§ 101, 102; 1909 §§ 109, 110
MO Rev Stat § 473.300 (2021)
2021 Missouri Revised Statutes|Title XXXI - Trusts and Estates of Decedents and Persons Under Disability|Chapter 473 - Probate Code — Administration of Decedents' Estates|Section 473.300 - Continuation of business of decedent.

Effective - 28 Aug 1955   473.300. Continuation of business of decedent. — Upon a showing of advantage to the estate, the court may authorize the executor or administrator to continue any business of the decedent for the benefit of the estate; but if the decedent died testate and his estate is solvent, the order of the court is subject to the provisions of the will. The order may be with or without notice. If notice is not given to all interested persons before the order is made, the court shall promptly require the giving of notice to such interested persons as have not been previously notified to the effect that such order has been made and that they will have opportunity to show cause why it should not be set aside or modified. The order may provide:  (1) For the conduct of the business solely by the executor or administrator, or as a corporation to be formed by the executor or administrator, or for the participation as a partner by the executor or administrator in a business in which the decedent was a partner, subject to applicable provisions of law and the agreement of the other person or persons continuing such business as partners;  (2) The extent of the liability of the estate, or any part thereof, or of the executor or administrator, for obligations incurred in the continuation of the business;  (3) As to whether liabilities incurred in the conduct of the business are to be chargeable solely to the part of the estate set aside for use in the business or to the estate as a whole; and  (4) As to the period of time for which the business may be conducted, and such other conditions, restrictions, regulations and requirements as the court orders. ­­-------- (L. 1955 p. 385 § 117)
MO Rev Stat § 473.303 (2021)
2021 Missouri Revised Statutes|Title XXXI - Trusts and Estates of Decedents and Persons Under Disability|Chapter 473 - Probate Code — Administration of Decedents' Estates|Section 473.303 - Specific execution of contract of decedent — petition.

Effective - 01 Jan 1981   473.303. Specific execution of contract of decedent — petition. — 1. If a decedent entered into a contract, specifically enforceable in equity, and did not execute the same in his lifetime, nor give power by will to execute the same, the other party, wishing specific execution of the contract, or the personal representative of the decedent, may present a verified petition to the court, setting forth the facts and stating that no part of the contract has been satisfied except as set forth, and praying that an order be made that the personal representative execute such contract specifically, by executing a deed for the same.  2. If the other party to the contract with the decedent is his personal representative, the personal representative may proceed against his copersonal representative, if any, in the same manner as prescribed by this law in other cases; but if there is no copersonal representative and he files the petition, the court shall appoint some suitable person as administrator ad litem who has the same powers and shall perform the same duties required of personal representative in such cases by this law. ­­-------- (RSMo 1939 §§ 168, 169, 176, A.L. 1955 p. 385 § 118, A.L. 1980 S.B. 637)  Prior revisions: 1929 §§ 169, 170, 177; 1919 §§ 168, 169, 176; 1909 §§ 177, 178, 185  Effective 1-01-81
MO Rev Stat § 473.307 (2021)
2021 Missouri Revised Statutes|Title XXXI - Trusts and Estates of Decedents and Persons Under Disability|Chapter 473 - Probate Code — Administration of Decedents' Estates|Section 473.307 - Notice — hearing — intervention.

Effective - 02 Jan 1979   473.307. Notice — hearing — intervention. — Upon the filing of a petition for specific execution of the contract, the court shall fix the time and place for hearing thereon. Notice of the filing of the petition and of the time and place of hearing thereon, together with a copy of the petition, shall be served on the executor or administrator twenty days before the date of the hearing. The court may order notice of the filing of the petition and of the time and place of hearing to be served by registered mail on the interested heirs or devisees whose addresses appear in the court's file and records in the estate. Any interested heir or devisee may appear and intervene, upon written application to intervene filed prior to the time of the hearing. ­­-------- (RSMo 1939 § 170, A.L. 1955 p. 385 § 119, A.L. 1957 p. 829, A.L. 1978 H.B. 1634)  Prior revisions: 1929 § 171; 1919 § 170; 1909 § 179  Effective 1-02-79
MO Rev Stat § 473.310 (2021)
2021 Missouri Revised Statutes|Title XXXI - Trusts and Estates of Decedents and Persons Under Disability|Chapter 473 - Probate Code — Administration of Decedents' Estates|Section 473.310 - Specific execution of contract of decedent, court order — warranties — conveyance or lease under will.

Effective - 28 Aug 1983   473.310. Specific execution of contract of decedent, court order — warranties — conveyance or lease under will. — 1. If the court, after hearing all parties, believes that specific execution of such contract ought to be made, it shall make an order that the personal representative execute and deliver an instrument of conveyance to the person entitled thereto upon performance of the contract.  2. The deed of conveyance shall refer in apt and appropriate terms to the order of court under which it is made, shall convey the property according to the order and shall be acknowledged by the personal representative. If the contract for a conveyance requires the giving of warranties, the deed to be given by the personal representative shall contain the warranties required. Such warranties shall be binding on the estate as though made by the decedent but shall not bind the personal representative personally.  3. If a personal representative has been given power by will to make a conveyance or lease, he may execute, in lieu of the foregoing procedure, and without order of the court, a conveyance or lease to the person entitled thereto upon performance of the contract.  4. The deed made under this section is as effectual as if it had been executed by the decedent. ­­-------- (RSMo 1939 §§ 171, 172, 173, A.L. 1955 p. 385 § 120, A.L. 1980 S.B. 637, A.L. 1983 H.B. 369)  Prior revisions: 1929 §§ 172, 173, 174; 1919 §§ 171, 172, 173; 1909 §§ 180, 181, 182
MO Rev Stat § 473.313 (2021)
2021 Missouri Revised Statutes|Title XXXI - Trusts and Estates of Decedents and Persons Under Disability|Chapter 473 - Probate Code — Administration of Decedents' Estates|Section 473.313 - Action for specific performance — proceedings in probate division of circuit court.

Effective - 02 Jan 1979   473.313. Action for specific performance — proceedings in probate division of circuit court. — A party entitled to specific execution of a contract for the conveyance of real estate shall proceed in the probate division of the circuit court under sections 473.303 and 473.307. ­­-------- (L. 1955 p. 385 § 120, A.L. 1957 p. 829, A.L. 1978 H.B. 1634)  Effective 1-02-79
MO Rev Stat § 473.317 (2021)
2021 Missouri Revised Statutes|Title XXXI - Trusts and Estates of Decedents and Persons Under Disability|Chapter 473 - Probate Code — Administration of Decedents' Estates|Section 473.317 - Completion of contracts to purchase property — exercise of options.

Effective - 28 Aug 1955   473.317. Completion of contracts to purchase property — exercise of options. — 1. If any person dies having purchased real or personal property, and has not completed the payment therefor, nor provided for its payment by will, the court may order the completion of payment upon the same findings and conditions as are required by section 473.287 for the redemption of security for the decedent's debt. The court may, after notice to interested parties, order relinquishment, compromise or transfer of all such rights, title, and interest of the decedent in the property on such terms as the court finds to be for the benefit of the estate. This section shall not be construed to restrict any rights of the seller of the property.  2. If any person dies owning an option to purchase real or personal property, and it is to the advantage of the estate and will not be prejudicial to creditors or to specific devisees that such option be exercised, the court may by order authorize the exercise of the option by the executor or administrator and the payment by the executor or administrator of the purchase price. ­­-------- (L. 1955 p. 385 § 121)
MO Rev Stat § 473.320 (2021)
2021 Missouri Revised Statutes|Title XXXI - Trusts and Estates of Decedents and Persons Under Disability|Chapter 473 - Probate Code — Administration of Decedents' Estates|Section 473.320 - Interest may be sold, when.

Effective - 28 Aug 1955   473.320. Interest may be sold, when. — If the court believes that, after payment of claims, there will not be sufficient assets to pay for the real or personal property referred to in section 473.317, it may order the executor or administrator to sell all the right, title and interest of the decedent therein, including all right of the decedent to any option to purchase the real or personal property. ­­-------- (RSMo 1939 § 134, A.L. 1955 p. 385 § 122)  Prior revisions: 1929 § 135; 1919 § 134; 1909 § 143
MO Rev Stat § 473.323 (2021)
2021 Missouri Revised Statutes|Title XXXI - Trusts and Estates of Decedents and Persons Under Disability|Chapter 473 - Probate Code — Administration of Decedents' Estates|Section 473.323 - Interest relinquished to vendor, when.

Effective - 28 Aug 1955   473.323. Interest relinquished to vendor, when. — If the real or personal property referred to in section 473.317 has been purchased from any person, or if an option for its purchase has been obtained from any person, the court, if considered advantageous to the estate, may order the same relinquished to such person on the best terms that can be agreed upon. ­­-------- (RSMo 1939 § 135, A.L. 1955 p. 385 § 123)  Prior revisions: 1929 § 136; 1919 § 135; 1909 § 144
MO Rev Stat § 473.327 (2021)
2021 Missouri Revised Statutes|Title XXXI - Trusts and Estates of Decedents and Persons Under Disability|Chapter 473 - Probate Code — Administration of Decedents' Estates|Section 473.327 - Procedure in case of sale of school lands.

Effective - 28 Aug 1955   473.327. Procedure in case of sale of school lands. — If any real estate referred to in subsection 1 of section 473.317 has been purchased from any officer authorized by law to sell school lands, the court may order the same relinquished; and in such cases the officers may accept the relinquishment and surrender the obligation of the decedent. ­­-------- (RSMo 1939 § 136, A.L. 1955 p. 385 § 124)  Prior revisions: 1929 § 137; 1919 § 136; 1909 § 145
MO Rev Stat § 473.330 (2021)
2021 Missouri Revised Statutes|Title XXXI - Trusts and Estates of Decedents and Persons Under Disability|Chapter 473 - Probate Code — Administration of Decedents' Estates|Section 473.330 - Conveyances, how made — procedure.

Effective - 28 Aug 1955   473.330. Conveyances, how made — procedure. — In all cases of relinquishment of the interest of a decedent in real estate under sections 473.323 and 473.327 and in all cases of the sale of the interest of a decedent in real estate under sections 473.287 and 473.320, the executor or administrator may make the relinquishments by deed or may convey to the purchaser all the right, title and interest the testator or intestate had in and to the real estate at the time of his death. Before any relinquishment or sale referred to in this section is ordered by the court, the executor or administrator shall proceed on petition and notice the same as is required by this law for proceedings to sell real estate to pay debts for other purposes. ­­-------- (RSMo 1939 § 137, A.L. 1955 p. 385 § 125)  Prior revisions: 1929 § 138; 1919 § 137; 1909 § 146