Public Administrator

How Does the Public Administrator Liquidate Real and Personal Property?

Real Property

When a real property within an estate is to be sold, a Notice of Intent to Sell is filed with the Court and published before the property is listed. 

After this notice and publication, a listing agreement is established with a licensed real estate professional, and the property is listed on the Multiple Listing Service (MLS).

Any resulting Purchase Agreement is submitted to the Court for approval and remains open to the public bidding at the hearing.

 

Personal Property 

When personal property is to be sold, items are generally sent to auction.