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59-1409. Lease of property. The executor or administrator may lease real estate in his or her possession for a term of not more than one year. The executor or administrator, together with the heirs and devisees having an interest therein, may lease such real estate for a term longer than one year, and they may execute an oil and gas or other mineral lease for such real estate. The income from any lease, by whatever name called, shall be received by the executor or administrator as income from such property.

History: L. 1939, ch. 180, ยง 107; July 1.

Source or prior law:

22-6a01, 22-736.

Cross References to Related Sections:

Proceedings for sale, lease and mortgage of realty, see chapter 59, article 23.

CASE ANNOTATIONS

1. Discussed in determining probate court's equitable jurisdiction; exclusive jurisdiction. Foss v. Wiles, 155 K. 262, 271, 124 P.2d 438.

2. Considered; devisee of land entitled to gravel sale proceeds after testator's death. In re Estate of Cline, 170 K. 496, 504, 227 P.2d 157.

3. Cited; petition held not to plead a valid lease. Jones v. Anderson, 171 K. 430, 434, 233 P.2d 483.


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