Wills, Trusts & Estates Prof Blog
Redevelopment Authorities as Personal Representatives in Pennsylvania
A new law in Pennsylvania allows redevelopment authorities to receive of letters of administration. 2006 Pa. Legis. Serv. Act 2006-171.
A redevelopment authority granted letters of administration has the power to take, clear, combine or transfer title to real property of the estate as necessary to return such property to productive use, and upon payment of fair market value of the property in its current state, to the estate.
Originally published at willstrustsestates.lawprofessorsblogs.com
Citation
Gerry W. Beyer, Redevelopment Authorities as Personal Representatives in Pennsylvania, Wills, Trusts & Estates Prof Blog (February 6, 2007) [The Library at LexBlog, LEX-WK-7PRXMNRX, lexpid.org/7PRXMNRX]
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