Probate: guardians and conservators; requirement to have an appraisal for the sale of real property; provide for. Amends sec. 5423 of 1998 PA 386 (MCL 700.5423).

Summary

The bill adds a new rule that any guardian or conservator must get a professional appraisal before selling real estate they control. It applies to people appointed by the court to manage the assets of minors, incapacitated adults, or estates. The purpose is to help ensure that property is sold for its fair market value and protect the interests of beneficiaries.

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