Sec. 1158.705. PARTITION WITHOUT COURT APPROVAL; RATIFICATION OF PARTITION AGREEMENT. (a) If a guardian, without court approval as provided by this subchapter, executes or intends to execute an agreement to partition any real estate in which the ward has an interest, the guardian shall file with the court in which the guardianship proceedings are pending an application for the approval and ratification of the partition agreement.
(b) The application must:
(1) refer to the agreement in a manner in which the court can fully understand the nature of the partition and the real estate being divided; and
(2) state that, in the opinion of the guardian, the agreement is fair and just to the ward's estate and is in the best interests of the estate.
(c) On the filing of an application under Subsection (a), the court shall hold a hearing on the application as provided by Section 1158.703. The court shall enter an order ratifying and approving the partition agreement if the court is of the opinion that the partition is:
(1) fairly made; and
(2) in the best interests of the ward's estate.
(d) On ratification and approval, the partition is effective and binding as if originally executed after a court order.
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.
Section: Previous 1158.556 1158.557 1158.558 1158.559 1158.601 1158.602 1158.651 1158.652 1158.653 1158.654 1158.701 1158.702 1158.703 1158.704 1158.705Last modified: September 28, 2016