Consent to Power to Sell Real Estate
11_0.pdf |
INSTRUCTIONS: OHIO CONSENT TO POWER TO SELL REAL ESTATE (Form 11.0)
The document discussed in this article is used by surviving spouses, legatees, devisees or heirs of an Ohio decedent to empower the fiduciary of the estate at any time to sell, at a public or private sale, or to grant options to buy, or to exchange or re-exchange real estate belonging to the estate. This document also authorizes the fiduciary to execute and deliver the necessary deeds or other conveyances as are consistent with law and this power of sale. Note that any such sale, option, exchange or re-exchange will be on terms consistent with law and at a price no less than 80% of the appraised value of the parcel as shown on the inventory and appraisal filed with the court. The document can be obtained from the website maintained by the Ohio Supreme Court.
Ohio Consent To Power To Sell Real Estate 11.0 Step 1: Enter the name of the county on the first blank line.
Ohio Consent To Power To Sell Real Estate 11.0 Step 2: Enter the name of the decedent whose estate is being administered on the second blank line.
Ohio Consent To Power To Sell Real Estate 11.0 Step 3: Enter the case number assigned to administration of the estate on the third blank line.
Ohio Consent To Power To Sell Real Estate 11.0 Step 4: Check the box next to the first statement if the surviving spouses, legatees, devisees or heirs are granting a general power of sale extending to all real estate in the estate.
Ohio Consent To Power To Sell Real Estate 11.0 Step 5: Check the box next to the second statement if the surviving spouses, legatees, devisees or heirs are granting a limited power of sale applying only to specified parcels of real estate. If this is the case, specify the parcels on the lines provided on the second half of the first page.
Ohio Consent To Power To Sell Real Estate 11.0 Step 6: If necessary, continue the description of the specific parcels whose sale, exchange or re-exchange is authorized on the second page.
Ohio Consent To Power To Sell Real Estate 11.0 Step 7: File the form with the probate court overseeing administration of this estate.