Sale, mortgage over decedent's property
The Court has the power to authorize the administrator or executor to sell,
mortgage, or encumber properties of the decedent in certain cases as provided
under Section 7 of Rule 89 of the Rules of Court. However, such Rule
cannot adversely affect the substantive rights of an heir to dispose of
his/her hereditary rights
that accrued from the moment of the death of the decedent.
Section 7 is about "Regulation for granting authority to sell, mortgage, or
otherwise encumber estate." The court having jurisdiction of the estate of the
deceased may authorize the executor or administrator to sell
personal estate, or to sell,
mortgage, or otherwise encumber
real estate, in cases provided by
these rules and when it appears necessary or beneficial under the following
regulations:
The executor or administrator shall file a written petition setting forth the
debts due from the deceased, the expenses of administration, the legacies,
the value of the personal estate, the situation of the estate to be sold,
mortgaged, or otherwise encumbered, and such other facts as show that the
sale, mortgage, or other encumbrance is necessary or beneficial.
The court shall thereupon fix a time and place for hearing such petition, and
cause notice stating the nature of the petition, the reasons for the same,
and the time and place of hearing, to be given personally or by mail to the
persons interested, and may cause such further notice to be given, by
publication or otherwise, as it shall deem proper;
If the court requires it, the executor or administrator shall give an
additional bond, in such sum as the court directs, conditioned that such
executor or administrator will account for the proceeds of the sale,
mortgage, or other encumbrance;
If the requirements in the preceding subdivisions of this section have been
complied with, the court, by order stating such compliance, may authorize
the executor or administrator to sell, mortgage, or otherwise encumber, in
proper cases, such part of the estate as is deemed necessary, and in case of
sale the court may authorize it to be public or private, as would be most
beneficial to all parties concerned. The executor or administrator shall be
furnished with a certified copy of such order.
If the estate is to be sold at auction, the mode of giving notice of the
time and place of the sale shall be governed by the provisions concerning
notice of execution sale.
There shall be recorded in the registry of deeds of the province in which
the real estate thus sold, mortgage, or otherwise encumbered is situated, a
certified copy of the order of the court, together with the deed of the
executor or administrator for such real estate, which shall be as valid as
if the deed had been executed by the deceased in his lifetime.