Property to Sell - Multiple Executors

not_loaded

Just a brief query concerning selling a property.

If there are three executors of an estate, part of which is a property to be sold, where 2 of the 3 want to go one route and the other executor does not, is it simply a question of ‘the majority rule’ or does the one have the power of veto?

I ask this as we have two ‘down to earth’ practical executors, and one who has weird ideas and little experience of the real world.

Ian_W

According to THIS SITE (written by a solicitor):

Where there are three and they disagree, the majority will normally prevail, but where there is an even number or violent disagreement and the minority will not give way, these would be referred to the Probate Registry for a legally binding decision. Since the Court almost by definition does not make unreasonable decisions, the Executors can refer to the Probate Registry any deadlocked or contentious decisions and thereby protect themselves from future claims against them by disgruntled Beneficiaries.

not_loaded

Very helpful information, thanks Ian!