114.325 Power
to sell, mortgage, lease and deal with property. (1) Except as provided in
subsection (2) of this section, and subject to ORS 113.105, a personal
representative has power to sell, mortgage, lease or otherwise deal with
property of the estate without notice, hearing or court order.
(2) Exercise of
the power of sale by the personal representative is improper, except after
notice, hearing and order of the court, if:
(a) The sale is
in contravention of the provisions of the will; or
(b) The property
is specifically devised and the will does not authorize its sale.
(3)
Notwithstanding ORS chapters 270, 273 and 274, an estate administrator of the
State Treasurer appointed under ORS 113.235 or the Director of Human Services
or Director of the Oregon Health Authority serving as a personal representative
may deal with property of the estate as a personal representative under this
section. [1969 c.591 §129; 2017 c.169 §25; 2019 c.678 §39]
114.330 [Repealed by 1969 c.591 §305]
Notes of Decisions
Wittick v. Miles, 545 P.2d 121 (Or. 1976).
“ORS 114.325(1). The personal representative’s powers over title to decedent’s property are those of an absolute owner, but at the same time he is trustee for the beneficiaries of the estate.”
Helgesson v. Est. of Frank, 521 P.2d 16 (Or. Ct. App. 1974).
· cites it 3× “ORS 114.325. The will of Beatrice Frank did not specifically devise any of her property.”
Busch v. Farmington Centers Beaverton, 124 P.3d 1282 (Or. Ct. App. 2005).
“305; ORS 114.325. Of course, any settlement had to he by Busch in his capacity as personal representative, because only the personal representative of an estate may bring a wrongful death action and settle it.”
Thomas v. State ex rel. Senior & Disabled Servs. Div., 878 P.2d 1081 (Or. 1994).
“When an estate has insufficient liquid assets to pay immediately in a lump sum a claim on moneys “due,” but the estate has *528 income-earning assets that over time will be sufficient to satisfy the claim, the personal representative has a choice between (1) liquidating the…”
Thomas v. Senior & Disabled Serv. Div., 878 P.2d 1081 (Or. 1994).
“When an estate has insufficient liquid assets to pay immediately in a lump sum a claim on moneys "due," but the estate has income-earning assets that over time will be sufficient to satisfy the claim, the personal representative has a choice between (1) liquidating the…”
— Or. Rev. Stat. § 114.325(1) — 2 cases
Wittick v. Miles, 545 P.2d 121 (Or. 1976).
“ORS 114.325(1). The personal representative’s powers over title to decedent’s property are those of an absolute owner, but at the same time he is trustee for the beneficiaries of the estate.”
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