633.399 Report for approval. After making any such sale, mortgage, exchange or lease of real property, the personal representative shall make a verified report thereof to the court. The court shall examine saidreport, and if satisfied that the sale, mortgage, exchange, or lease has been at a price andupon terms advantageous to the estate, and, in all respects, made in conformity with law, andthat it ought to be confirmed, shall confirm the same and order the personal representative todeliver a deed, mortgage, lease or other proper instruments to the persons entitled thereto;provided, however, that in the event said real property has been sold at private sale withoutan appraisal for inheritance tax purposes or for purpose of such sale, or, if it has been soappraised and has been sold at private sale for less than the appraised value thereof, then,upon the filing of such report, the court may enter an order fixing a time and place for hearingthereon and prescribe a notice of such hearing to be served upon all interested persons, anyone of whom, prior to the time fixed for such hearing, may file written objections to the entryof an order approving said sale. e a notice of such hearing to be served upon all interested persons, anyone of whom, prior to the time fixed for such hearing, may file written objections to the entryof an order approving said sale. If not satisfied that the sale, mortgage, exchange, or leasehas been made in conformity with law and that it is to the best interests of the estate, thecourt may reject the sale, mortgage, exchange, or lease, and enter such orders as the courtmay deem advisable. [C51, §1354, 1355; R60, §2386, 2387; C73, §2399, 2400; C97, §3330, 3331; C24, 27, 31, §11944 – 11947; C35, §11944 – 11947, 11951-g6, -g7; C39, §11944 – 11947, 11951.6, 11951.7;C46, 50, 54, 58, 62, §635.33 – 635.36, 635.46, 635.47; C66, 71, 73, 75, 77, 79, 81, §633.399] Referred to in §633.400 Sat Dec 23 11:25:46 2023 Iowa Code 2024, Section 633.399 (34, 0)
Iowa Legal Code