Sec. 356.551. REPORT. A successful bid or contract for the sale of estate real property shall be reported to the court ordering the sale not later than the 30th day after the date the bid is made or the property is placed under contract. The report must:

(1) be sworn to, in writing, and filed with the clerk;

(2) include:

(A) the date of the order of sale;

(B) a description of the property being sold;

(C) the time and place of the auction or date the property is placed under contract;

(D) the purchaser's name;

(E) the amount of the successful bid or the purchase price for each parcel of property or interest in property auctioned or placed under contract;

(F) the terms of the sale;

(G) whether the proposed sale of the property was made at public auction or by contract; and

(H) whether the purchaser is ready to comply with the order of sale; and

(3) be noted on the probate docket.

Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, eff. January 1, 2014.

Amended by:

Acts 2019, 86th Leg., R.S., Ch. 1141 (H.B. 2782), Sec. 33, eff. September 1, 2019.