Tex. Est. Code Section 360.202
Sale of Estate Property

(a)

When the court has found that all or part of an estate is not capable of fair and equal division, the court shall order the sale of all estate property not capable of fair and equal division.

(b)

The sale must be made by the executor or administrator in the manner provided for the sale of real estate to satisfy estate debts.

(c)

The court shall distribute the proceeds collected from the sale to the persons entitled to the proceeds.

(d)

A distributee who buys property at the sale is required to pay or secure only the amount by which the distributee’s bid exceeds the amount of the distributee’s share of the property.
Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, eff. January 1, 2014.

Source: Section 360.202 — Sale of Estate Property, https://statutes.­capitol.­texas.­gov/Docs/ES/htm/ES.­360.­htm#360.­202 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 360.202’s source at texas​.gov