Who not to be purchaser, mortgagee or lessee without court approval. The personal representative may not be interested as a purchaser, mortgagee, or lessee of any property in the estate unless the purchase, mortgage, or lease is made with the written consent of the persons interested and of the guardian ad litem for minors and individuals adjudicated incompetent or with the approval of the court after petition and hearing on notice given under s. 879.03 to all persons interested, or unless the will of the decedent specifically authorizes the personal representative to be interested as a purchaser, mortgagee, or lessee.
Wis. Stat. § 860.13
Who not to be purchaser, mortgagee or lessee without court approval. Cross-reference: See definitions in ch. 851
Applied in 2 court decisions — leading case 383 Wis. 2d 604 - Office of Lawyer Regulation v. Jelinske (In Re Jelinske) (2018)
Most recently applied in 383 Wis. 2d 604 - Office of Lawyer Regulation v. Jelinske (In Re Jelinske) (September 2018)
2005 a. 387
Official source: Wisconsin State Legislature. Reproduced from public-domain Wisconsin statutes; confirm against the official source for the current text. Not legal advice.