A property in California is being sold by a conservator appointed by the court for an incapacitated owner. The conservator enters into a purchase agreement for $510,000. Under California Probate Code, what additional requirement must be met for this sale to be valid?
Correct Answer
A) The conservator must obtain court confirmation of the sale before it can be completed
Under California Probate Code §2540-2542, a conservator generally must obtain court confirmation before completing the sale of real property belonging to the conservatee. The court reviews the sale to ensure it is in the best interest of the conservatee and that the price is fair.
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