Massachusetts General Laws
Chapter 202 - Sales, Mortgages and Leases of Real Estate by Executors, Administrators, Guardians and Conservators
Section 21 - Sales for Maintenance or Investment; Purpose and Nature of Sale

Section 21. If the income of the estate of a ward is insufficient to maintain him and his family or if it appears that it would be for his benefit that his real estate or any part thereof or any standing or growing wood thereon should be sold and the proceeds placed on interest or invested in a productive security, his guardian or conservator may sell such real estate or wood upon obtaining a license therefor and proceeding as hereinafter provided. If standing or growing wood is so sold, the guardian or conservator may grant to the purchaser the privilege of entering upon the land and cutting and carrying away such wood within such time as the guardian or conservator may allow.

Structure Massachusetts General Laws

Massachusetts General Laws

Part II - Real and Personal Property and Domestic Relations

Title II - Descent and Distribution, Wills, Estates of Deceased Persons and Absentees, Guardianship, Conservatorship and Trusts

Chapter 202 - Sales, Mortgages and Leases of Real Estate by Executors, Administrators, Guardians and Conservators

Section 1 - Realty; Sale to Satisfy Debts

Section 2 - Realty Subject to Sale

Section 3 - Realty Subject to Curtesy or Dower; Sale; Proceeds

Section 4 - Undevised Realty; Priority of Disposition

Section 4a - Rents and Profits; Payment of Debts; Limitations

Section 5 - Realty of Ward; Sale

Section 6 - Grant of License

Section 7 - Petition; Contents

Section 8 - Realty; Detrimental Effect of Partial Sale; Disposition of Whole Estate

Section 9 - Marshaling Assets; Testamentary Provisions

Section 10 - Notice of Petition; Service

Section 11 - Notice of Petition; Interested Persons

Section 12 - License to Guardian of Spendthrift; Notice

Section 13 - Bond; Posting by Interested Party to Satisfy Debts; Effect

Section 14 - Public or Private Sale of Realty

Section 15 - Notice of Sale by Auction

Section 16 - Affidavits; Evidence of Notice

Section 17 - Adjournment of Sale

Section 18 - Fraudulent Conveyances; Recovery

Section 19 - Distribution; Sale of Realty; Procedure

Section 20 - Sale of Realty for Payment of Debts; Limitation of Time

Section 20a - Estate Expenses; Execution on Conveyed Property; Limitation of Time

Section 21 - Sales for Maintenance or Investment; Purpose and Nature of Sale

Section 22 - Petition and License to Sell Property for Maintenance or Investment; Form

Section 23 - Maintenance; Disposition of Proceeds of Sale

Section 24 - Investment; Disposition of Proceeds of Sale

Section 25 - Property of Minors Sold for Investment; Persons Authorized to Sell

Section 26 - Property of Minors Sold for Investment; Disposition of Proceeds of Sale

Section 27 - Sales by Guardian of Non-Resident Ward; Transfer of Proceeds to Foreign Executor

Section 28 - Executor or Administrator; Authority to Mortgage

Section 29 - Guardian or Conservator; Authority to Mortgage

Section 30 - Petition and Decree for Mortgage; Form

Section 31 - Leases; Realty of Ward

Section 32 - Foreign Executor; License to Sell Realty

Section 33 - Foreign Guardian or Conservator; License to Sell Realty of Ward

Section 34 - Foreign Fiduciary; Bond; Sufficiency; Filing

Section 35 - Foreign Fiduciary; Proceedings; Notice

Section 36 - Tenants by Entirety; Joinder in Sale, Mortgage or Lease of Realty

Section 37 - Decree Upon Petition for Leave to Sell Property; Scope

Section 38 - Decree; Presumptions; Highest Possible Price