Acts and Regulations

D-9 - Devolution of Estates Act

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Power of representative to lease or mortgage property
13The personal representative may from time to time, subject to the provisions of any will affecting the property,
(a) lease the real property or any part thereof, for a term not exceeding one year,
(b) lease the real property or any part thereof, with the approval of the Court, for a longer term, and
(c) raise money by way of mortgage of the real property or any part thereof for the payment of debts, or for payment of taxes on the real property to be mortgaged, and, with the approval of the Court, for the payment of other taxes, the erection, repair, improvement or completion of buildings, or the improvement of lands, or for any other purpose beneficial to the estate.
R.S., c.62, s.13
Power of representative to lease or mortgage property
13The personal representative may from time to time, subject to the provisions of any will affecting the property,
(a) lease the real property or any part thereof, for a term not exceeding one year,
(b) lease the real property or any part thereof, with the approval of the Court, for a longer term, and
(c) raise money by way of mortgage of the real property or any part thereof for the payment of debts, or for payment of taxes on the real property to be mortgaged, and, with the approval of the Court, for the payment of other taxes, the erection, repair, improvement or completion of buildings, or the improvement of lands, or for any other purpose beneficial to the estate.
R.S., c.62, s.13