This is an uncontested matter. Our brother would like to buy out our equal shares in our deceased father's home. It has a clear tittle with no mortgage and there are no liabilities owed by the deceased estate. We 3 equal shares all agree on its value and are comfortable with the transfer, just not sure of the process.
The property is basic $210k and the estate has cash at bank $30k so no room to juggle. All other assets are personal and hold only sentimental value. We are all executors and Probate has been granted.
Do we use the contract of sale, section 32, deposit, settlement and transfer process or is there another way it has to be done?
The property is basic $210k and the estate has cash at bank $30k so no room to juggle. All other assets are personal and hold only sentimental value. We are all executors and Probate has been granted.
Do we use the contract of sale, section 32, deposit, settlement and transfer process or is there another way it has to be done?
