§ 33-9-8 - Redemption or sale of incumbered property. - Rhode Island Statutes

SECTION 33-9-8

   § 33-9-8  Redemption or sale of incumberedproperty. – The executor or administrator, if there be sufficient assets, may redeem allproperty of the deceased under mortgage, pledge, or levy, the redemption ofwhich would increase the value of the estate, or he or she may sell theproperty subject to incumbrance; and the executor or administrator shall inthat case first obtain the advice and direction of the probate court as towhether he or she shall redeem or sell the property subject to incumbrance, andfailure to comply with the advice and direction shall be deemedmaladministration and waste.