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Title of purchaser - 20 Pa. Cons. Stat. § 7794

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     § 7794.  Title of purchaser.
        If the trustee has given a bond as required in accordance
     with this title, any sale, pledge, mortgage or exchange by a
     trustee, whether pursuant to a decree or to the exercise of a
     power conferred by the trust instrument or of a power under this
     title, shall pass the full title of the trust in the property,
     unless otherwise specified. Persons dealing with the trustee
     shall have no obligation to see to the proper application of the
     cash or other assets given in exchange for the property of the
     trust. A sale or exchange by a trustee pursuant to a decree
     under section 3353 (relating to order of court) shall have the
     effect of a judicial sale as to the discharge of liens, but the
     court may decree a sale or exchange freed and discharged from
     the lien of any mortgage otherwise preserved from discharge by
     existing law if the holder of the mortgage consents by writing
     filed in the proceeding. No sale, mortgage, exchange or
     conveyance shall be prejudiced by the subsequent dismissal of
     the trustee. No sale, mortgage, exchange or conveyance by a
     testamentary trustee shall be prejudiced by the terms of a will
     or codicil thereafter probated if the person dealing with the
     trustee did so in good faith.

Last modified: November 27, 2007