860.05 Free of creditor's claims. If property in an estate is sold, mortgaged or leased by a personal representative, title passes subject to the rights of creditors having a secured interest in the property sold but free and clear of any right of creditors which is based on the filing and allowance of a claim in the estate. The filing and allowance of a claim in an estate does not make one a secured creditor.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
Chapter 860 - Probate — sale, mortgage and lease of property.
860.01 - Power of personal representative to sell, mortgage and lease.
860.05 - Free of creditor's claims.
860.09 - Contract of decedent to sell or lease land.
860.11 - Special provisions in will; personal representative's duty to persons interested.
860.13 - Who not to be purchaser, mortgagee or lessee without court approval.