[Caption. See § 3 of the Introduction in this manual.]
Decree of Sale for [Real/Personal] Property
On [date], the Court considered the Report of Sale of [Real/Personal] Property filed on [date]. The Court finds that at least five days have expired since the filing of the report, that [the general bond is sufficient to protect the estate/the general bond is insufficient and should be increased to $[amount]], that this sale was in compliance with this Court’s previous Order of Sale of [Real/Personal] Property and with the provisions of the Texas Estates Code, and that the [real/personal] property has been sold for a fair price. The property sold is described in Exhibit [exhibit number/letter], which is attached to and made a part of this order.
IT IS ORDERED that the sale described in the report is approved and conveyance of the property is authorized on compliance by the purchaser with the terms of sale, which are as follows: [state the specific terms of the sale and the amount of the net proceeds].
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Select one of the following. |
IT IS FURTHER ORDERED that [name of guardian] be authorized to make this conveyance and that [name of title company] is ordered to place the net proceeds of this sale in the amount of $[amount] with the county clerk in the registry of this Court.
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Or |
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Include the following if no bond increase will be made so funds are being sent directly to the safekeeping account. |
IT IS FURTHER ORDERED that [name of guardian] be authorized to make this conveyance [include if applicable: and that [name of title company/name of guardian] is ordered to wire transfer the net proceeds of this sale in the amount of $[amount] to the guardianship safekeeping account number [number] with [name of financial institution]].
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Include the following if a bond increase is ordered. |
IT IS FURTHER ORDERED that the bond of [name of guardian] be increased to $[amount] and that [name of title company] is authorized to make this conveyance on the presentment of letters of guardianship ordering the increased bond in the amount of $[amount].
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Continue with the following. |
SIGNED on ________________________________.
JUDGE PRESIDING
APPROVED AS TO FORM:
[Name]
Attorney for Guardian
State Bar No.:
[E-mail address]
[Address]
[Telephone]
[Telecopier]
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Attach exhibit(s). |