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Buying Probate Real Estate in Florida - What Every Investor Should Know (Including Probate Leads)

I. DEFINITION OF PROBATE In the context of real estate, when real property terminates in the name of a deceased owner in the State of Florida, it must undergo Probate. The probate court process allows for: the sale of a decedent's real estate property to a prospective buyer, or the transfer or release of real estate to a decedent’s heirs. II. THE PROBATE PROCESS Under The Florida Probate Code (Chapters 731 through 735), there are several types of probate administration. The following are three of the most common types: formal administration summary administration ancillary administration 1. Formal administration is Florida’s traditional form of probate. It starts with a pet

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