The personal representative has the power to exercise an option right that is property of the estate.
Cal. Prob. Code § 10558
Powers Exercisable Without Giving Notice of Proposed Action
Known as the Independent Administration of Estates Act
The act spans §§ 10400–10592 (64 sections).
Enacted by Stats. 1990, Ch. 79.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.