As administrator of my mothers estate, can I sell and purchase her house for under maket value for $1.00 with my siblings approval?

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As administrator of my mothers estate, can I sell and purchase her house for under maket value for $1.00 with my siblings approval?

My mother died 10 years ago without a Will and I have not gotten around to doing the legal work to sell the house. Can I just transfer the title to my name?

Asked on November 29, 2011 under Estate Planning, Pennsylvania

Answers:

FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney

Answered 12 years ago | Contributor

If your mother passed away without a Will and title to real property that you are inquiring about is solely in the name of your mother, you will need to file an intestate proceeding (proceeding to admininster one's estate absent a Will or trust) with the county court clerk where she last resided in order to obtain a court order transferring title of the property to the nearest line of relatives under state statute.

Given the passage of time, you should consult with a Wills and trust attorney to assist you in your endeavor.

Once you get an order transferring title of the home to the relatives entitled to it under state intestacy laws, you can then enter into a written agreement to purchase the home from the heirs for an amount that they are willing to sell their interests for to you.


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