Application To Sell Or Mortgage Real Property {PC-400}

Petition to Sell or Mortgage Real Property CONNECTICUT PROBATE COURTS PC - 400 REV. 10 /1 8 Petition to Sell or Mortgage Real Property PC - 400 Page 1 of 3 RECEIVED : Instructions: 1) An executor, administratorProbate Court Name District Number Estate of Fiduciary (Name, address and telephone number) Position of Trust Address of the Real Property to be Sold or Mortgaged hereinafter referred to as the real property Proposed Sale Proposed Buyer(s) Proposed Sales Price Private Sale Public Sale Proposed Mortgage Amount of Mortgage Annual Interest Rate Term of Mortgage (Months) A mortgage of the real property is sought for the following reasons: American LegalNet, Inc. www.FormsWorkFlow.com Petition to Sell or Mortgage Real Property CONNECTICUT PROBATE COURTS PC - 400 REV. 10 /1 8 Petition to Sell or Mortgage Real Property PC - 400 Page 2 of 3 THE FIDUCIARY REPRESENTS that: The real property was owned by the decedent at the time of death. The assets other than the real property are insufficient to pay the debts, taxes and administration expenses of the decedent222s estate. See C.G.S. section 45a-428. The real property is owned by the person under conservatorship. The person under conservatorship consents to the sale of the property, or The sale of real property is necessary. The real property is not specifically devised in the decedent222s will or the will of the conserved person. The real property is specifically devised to the following persons: The real property is owned by the minor. The real property is an asset of the trust estate. The real property was acquired by the fiduciary. The sale or mortgage of the property is is not prohibited by the decedent222s will. The fiduciary does not have a potential conflict of interest in the sale or mortgage of the property as the proposed buyer or otherwise. The proposed sale or mortgage of the property is in the best interests of the parties in interest to the estate. WHEREFORE THE FIDUCIARY REQUESTS that the court: authorize the fiduciary to sell and convey the property to the proposed buyer for the proposed sales price as stated above. OR authorize the fiduciary to sell and convey the real property to himself or herself for the proposed sales price as stated above. OR authorize the fiduciary to execute a promissory note for the proposed mortgage terms and to secure the promissory note by executing a mortgage of the property as stated above. American LegalNet, Inc. www.FormsWorkFlow.com Petition to Sell or Mortgage Real Property CONNECTICUT PROBATE COURTS PC - 400 REV. 10 /1 8 Petition to Sell or Mortgage Real Property PC - 400 Page 3 of 3 The representations made in this petition are made under penalty of false statement. Signature of Fiduciary Type or Print Name Date Signature of Fiduciary Type or Print Name Date SPECIFIC DEVISEE CONSENT TO SALE OR MORTGAGE (For Decedent222s Estate Only) I, a specific devisee of the real property, consent to its sale or mortgage. Type or Print Name Signature Date American LegalNet, Inc. www.FormsWorkFlow.com