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§58-929.2.
§58-929.2.
The executor or administrator or guardian after having negotiated the
sale of any such leasehold estate or interest therein, or after having
entered into any agreement, as authorized in Section One (1) of this
act, shall file with the court a verified application for the approval
of such sale or agreement. An application for the approval of a sale
shall set forth the interest of the estate of said decedent or ward in
said leasehold as nearly as same can be determined, the lands covered
thereby, the part of or interest in said leasehold being sold, the
name of the purchaser, the consideration for the sale, and shall
allege that the sale is for the best interest of the estate of said
decedent or ward. A copy of the lease or leases and the proposed
assignment or conveyance thereof shall be attached to the application.
An application for the approval of an agreement shall set forth the
interest of the estate of said decedent or ward in the leasehold, the
lands covered thereby, a brief statement of the purpose of said
agreement and the part of or interest in said leasehold covered
thereby, and shall allege that said agreement is for the best interest
of the estate of said decedent or ward. A copy of the agreement shall
be attached to said application. Where both a sale and agreement or
agreements pertain to the same leaseholds, or are the result of the
same transaction, a single application may be filed. Upon the filing
of any such application the court must fix a day for hearing same
pursuant to notice as provided in Section Three (3) of this act.
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