Practice question
An estate administrator buys property for the estate at execution sale and later proposes to sell it personally without court procedure. Which rule governs?
- No estate-sale regulation because the administrator bid at the sale.
- Rule 89, Section 6 subjects the acquired realty to the same sale, mortgage and encumbrance regulations as other estate property.
- Only the administrator’s personal business rules.
- Automatic unrestricted authority from the former mortgage debtor.
- The purchaser’s preference alone.
Legal references
- Rules of Court, Rules 86-90, provisions specifically identified in the explanations: https://lawphil.net/courts/rules/rc_72-109_proceedings.html
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