Query Re Selling A Property

obsessed | 10:51 Sun 01st Mar 2015 | Civil

4 Answers

My late sister did not leave a will and as she had no family my older sister and myself inherit her estate equally. We have received Letters of Administration in both our names and my sister's property is now sold subject to contract. My older sister insists that she is the only one who can sell the property and everything should be in her name. I thought I would have to sign the contracts also. Is she right?

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Barmaid

No, she is wrong. Because you are both named on the LoA, you will both have to sign the contract. Everything should be in your joint names as "the personal representatives of XY deceased".

DTCwordfan

Charge her 5% for 'administration fees' - tongue in cheek.....Barmaid's right - and beware, a hefty percentage may go as to death duties or capital gains.