20 Pa. C.S. § 8305

Current through Pa Acts 2024-53, 2024-56 through 2024-92
Section 8305 - Sale of real property subject to future inalienable interests; disposition of proceeds

Where real property is held by a person or persons subject to future interests in a person or persons unborn, unascertained or not sui juris and it shall appear to the court that it would be to the interests of such persons having future interests that the real property should be sold, mortgaged, leased or exchanged, the court, upon the application of any party in interest, may appoint a trustee to sell, mortgage, lease or exchange the real property and to receive the proceeds and hold them in trust for such present and future interests as shall be directed by the court.

20 Pa.C.S. § 8305

1974, Dec. 10, P.L. 867, No. 293, § 17, imd. effective.