California Probate Code 10403 – As used in this part, “limited authority” means authority to …
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As used in this part, “limited authority” means authority to administer the estate under this part that includes all the powers granted under this part except the power to do any of the following:
(a) Sell real property.
Terms Used In California Probate Code 10403
- Property: means anything that may be the subject of ownership and includes both real and personal property and any interest therein. See California Probate Code 62
- Real property: includes a leasehold interest in real property. See California Probate Code 68
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
(b) Exchange real property.
(c) Grant an option to purchase real property.
(d) Borrow money with the loan secured by an encumbrance upon real property.
(Enacted by Stats. 1990, Ch. 79.)