IN · rules
Ind. Porter Cnty. Local Rule LR64-PR00-5400
Real Estate
5400.10 Appraisals. In all supervised estates and guardianships in which real estate is
to be sold, a written professional appraisal shall be filed with the Court at the time of filing the
Petition for Sale unless such appraisal was filed with the Inventory. Such written appraisal shall
include as a minimum the following elements:
(1) A brief description of the property interest being appraised, including the full legal
description thereof.
(2) Purpose or objective of the appraisal.
(3) Date for which fair market value is determined.
(4) Data and reasoning supporting the fair market value.
(5) Fair market value determined.
(6) Statement of assumptions and special or limiting conditions.
(7) Certification of disinterest in real estate.
(8) Signature of the appraiser.
All such appraisals shall be made within one year of the date of the Petition for Sale.
5400.20 Deeds. All deeds submitted to the Court for approval in either estate or
guardianship proceedings shall be signed by the fiduciary and the signature notarized prior to its
submission. All such deeds shall be submitted with the Report of Sale of Real Estate or at the
time of the hearing on the Final Account. Copies of such deeds shall be filed with the Court for
its records.
5400.30 Recording. Whenever a final decree reflects that real estate has vested in
heirs or beneficiaries, the decree shall be recorded with the recorder of the county where any such
real estate is located and evidence of said recording shall be provided to the Court with the
Supplemental Report.
Provenance
- Source
- www.in.gov
- Retrieved
- 2026-10-02
- Edition
- supplied-in-28-68-porter-local-rules-2022-12-01
- Content hash
e4d850cc174a56e88a3d342e2a51e0e257069ae8847d47610beb05a99e7ce581
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