Nebraska Statutes 57-211. Lease; authority of executor, administrator, guardian, conservator, or trustee to execute; how obtained; petition; contents
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The petition for such lease shall show (1) the advantage that may accrue to the estate or trust being administered or guardianship or conservatorship proceedings being had from making such proposed lease or entering into such pooling or unitization contract; (2) a general description of the property to be leased; (3) the term, rental, and general conditions of the proposed lease or pooling or unitization contract; and (4) the names of the (a) legatees and devisees, if any, or the heirs of the deceased, (b) beneficiaries of the trust, (c) minor, (d) incompetent person, or (e) a person unfit by reason of infirmities of age or physical disability, so far as known to the petitioner.
Source
- Laws 1939, c. 69, § 2, p. 281;
- C.S.Supp.,1941, § 57-211;
- R.S.1943, § 57-211;
- Laws 1951, c. 191, § 2, p. 701;
- Laws 1955, c. 215, § 2, p. 604;
- Laws 1967, c. 350, § 2, p. 929.
Terms Used In Nebraska Statutes 57-211
- Contract: A legal written agreement that becomes binding when signed.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Person: shall include bodies politic and corporate, societies, communities, the public generally, individuals, partnerships, limited liability companies, joint-stock companies, and associations. See Nebraska Statutes 49-801