Sec. 1158.702. APPLICATION FOR APPROVAL OF PARTITION AGREEMENT. (a) When a guardian has reached an agreement with the other part owners on how to partition real estate as described by Section 1158.701, the guardian shall file with the court in which the guardianship proceedings are pending an application to have the agreement approved by the court.
(b) The application must:
(1) describe the real estate to be divided;
(2) state why it is in the best interests of the ward's estate to partition the real estate; and
(3) show that the proposed partition agreement is fair and just to the ward's estate.
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.
Structure Texas Statutes
Title 3 - Guardianship and Related Procedures
Subtitle E - Administration of Guardianship
Chapter 1158 - Sale or Partition of Ward's Property
Subchapter O. Partition of Ward's Interest in Real Estate
Section 1158.701. Partition by Agreement
Section 1158.702. Application for Approval of Partition Agreement
Section 1158.705. Partition Without Court Approval; Ratification of Partition Agreement