Maryville, TN asked in Estate Planning for Tennessee

Q: How to handle sale of Tennessee estate property to the executor (if proper to do so)

Both my sister and I are named as co-executors in my mother's Tennessee estate which consists primarily of a small house and property. My sister wants me to own the house, so at her insistence she and I executed a quit claim deed through a local attorney in which she relinquished any claims. Can I now sell the house to myself, and if so, what are any restrictions on the price?

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1 Lawyer Answer

A: It sounds like the issue has been resolved- you do not say, but I assume your mother left her estate ( or specifically the house in question) to both you and your sister. if so, you already own at least half ( so there is no need to "sell it to yourself"). If your sister CONVEYED her half to you ( you use the words 'relinquished all claims" which may be what you mean, but a deed conveys/transfers ownership) then you now own it all.

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