Confirmation of sale of real estate.

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29A-5-412. Confirmation of sale of real estate.

Not less than fourteen days prior to the closing of any sale of real or personal property of the estate for which the fair market value is not readily ascertainable, the conservator shall provide written information of the intent to sell to all individuals and entities specified in §29A-5-410. The written information shall contain a description of the property to be sold, the name of the purchaser, the sale price, the terms of payment, and the nature of the security if the payment of any portion of the purchase price is to be deferred.

Source: SL 1993, ch 213, §55; SDCL 30-36-55; SL 1995, ch 167, §§178, 181.


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