California Law (Last Updated: March 4, 2014) |
Probate Code - PROB |
Division 4. GUARDIANSHIP, CONSERVATORSHIP, AND OTHER PROTECTIVE PROCEEDINGS |
Part 4. PROVISIONS COMMON TO GUARDIANSHIP AND CONSERVATORSHIP |
Chapter 6. Powers and Duties of Guardian or Conservator of the Estate |
ARTICLE 8. Notes, Mortgages, Leases, Conveyances, and Exchanges |
Section 2555.
Latest version.
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If it is to the advantage of the estate, the guardian or conservator may lease, as lessor, real property of the estate without authorization of the court in either of the following cases:
(a) Where the rental does not exceed five thousand dollars ($5,000) a month and the term does not exceed two years.
(b) Where the lease is from month to month, regardless of the amount of the rental.
(Amended by Stats. 1990, Ch. 710, Sec. 11. Operative July 1, 1991, by Sec. 48 of Ch. 710.)