Section 4A. If the personal property of a deceased person appears to be insufficient to pay his debts, the probate court may, subject to the rights of the surviving spouse under section one of chapter one hundred and ninety-six, after notice, authorize the executor or administrator to take charge of the real property of the deceased or any part thereof and collect the rents thereof for such period of time as the court deems proper, and, during such period, to make necessary repairs and do all other things which it may consider needful for the preservation of such real property and as a charge on the interest of the decedent therein; provided, that if any person interested in the estate shall give bond as provided in section thirteen, no such authorization shall be given. The balance, if any, of said rents, subject to rights of dower and curtesy, and the rights of the surviving spouse and minor children of the decedent under section two of chapter one hundred and ninety-six, shall be assets in the hands of the executor or administrator for the payment of debts in like manner as are the proceeds of real property sold for the payment of debts. An order giving authority to the executor or administrator as aforesaid shall have effect, notwithstanding an appeal therefrom, until it is otherwise ordered by a justice of the supreme judicial court.
Structure Massachusetts General Laws
Part II - Real and Personal Property and Domestic Relations
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 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