§ 9960 After authorization by order of court obtained under this chapter, …
§ 9961 To obtain an order under this chapter, the personal representative …
§ 9962 The purchase price of the real property subject to the option shall …
§ 9963 Notice of the hearing on the petition shall be posted as provided in …
§ 9964 (a) The court shall make an order authorizing the personal …
§ 9965 An option granted pursuant to an order made under this chapter, …
§ 9966 No omission, error, or irregularity in the proceedings under this …
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Terms Used In California Codes > Probate Code > Division 7 > Part 5 > Chapter 16 - Granting Option to Purchase Real Property

  • Appraisal: A determination of property value.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Devisee: means any person designated in a will to receive a devise. See California Probate Code 34
  • Executor: A male person named in a will to carry out the decedent
  • Heir: means any person, including the surviving spouse, who is entitled to take property of the decedent by intestate succession under this code. See California Probate Code 44
  • Person: means an individual, corporation, government or governmental subdivision or agency, business trust, estate, trust, partnership, limited liability company, association, or other entity. See California Probate Code 56
  • person: includes this State and any county, city and county, municipality, district or other political subdivision thereof. See California Unemployment Insurance Code 1758
  • Personal property: All property that is not real property.
  • Personal representative: means executor, administrator, administrator with the will annexed, special administrator, successor personal representative, public administrator acting pursuant to Section 7660, or a person who performs substantially the same function under the law of another jurisdiction governing the person's status. See California Probate Code 58
  • 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
  • Trustee: A person or institution holding and administering property in trust.
  • Will: includes codicil and any testamentary instrument which merely appoints an executor or revokes or revises another will. See California Probate Code 88