Sec. 357.004. CONDITION OF RETURNED ESTATE PROPERTY. (a) Estate property that is rented, with or without a court order, must be returned to the estate's possession in as good a condition, except for reasonable wear and tear, as when the property was rented.
(b) The personal representative of an estate shall:
(1) ensure that rented estate property is returned in the condition required by Subsection (a);
(2) report to the court any damage to, or loss or destruction of, the property; and
(3) ask the court for the authority to take any necessary action.
(c) A personal representative who fails to act as required by this section and the sureties on the representative's bond are liable to the estate for any loss or damage suffered as a result of the representative's failure.
Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, eff. January 1, 2014.
Structure Texas Statutes
Title 2 - Estates of Decedents; Durable Powers of Attorney
Subtitle H - Continuation of Administration
Chapter 357 - Renting Estate Property
Subchapter A. Rental and Return of Estate Property
Section 357.001. Renting Estate Property Without Court Order
Section 357.002. Renting Estate Property With Court Order
Section 357.003. Estate Property Rented on Credit