What must happen before an executor can rent real property of the estate?

Before an executor can rent real property of an estate, they must receive authority from the probate court. This requirement ensures that the executor is acting within the bounds of their legal authority and is properly managing the estate’s assets in accordance with the law and the wishes of the deceased. The probate court’s oversight is crucial in order to protect the interests of all beneficiaries and any other parties involved.

Obtaining court approval not only legitimizes the rental agreement but also allows for transparency in the management of the estate. The court evaluates the necessity and terms of the rental, ensuring that they align with the best interests of the estate, which further safeguards against potential disputes among beneficiaries. Therefore, the process of receiving authority from the probate court is a critical step before any executor can make decisions related to renting real estate owned by the estate.