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  • DAUGHERTY, CHARLES ALLEN - DECEDENT Decedent's Estate (General Jurisdiction) document preview
  • DAUGHERTY, CHARLES ALLEN - DECEDENT Decedent's Estate (General Jurisdiction) document preview
						
                                

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Electronically FILED by Superior Court of California, County of Los Angeles 3/17/2022 1:09 PM Sherri R. Carter, Executive Officer/Clerk, By R. Servando, Deputy Clerk ATTORNEY OR PARTY WITHOWT ATTORNEY (Name, state bar number, and address): DE-165 TELEPHONE AND FAX NOS.: FOR COURT USE ONLY LAW OFFICES OF MICHAEL P, FLATTERY (T)$10-385-8676 8730 Wilshire Boulevard, Suite #414 (F)310/385-8424 Beverly Hills, California 90214 ATTORNEY FOR (Name): Jeffrey Wadsworth Daugherty, Executor SUPERIOR COURT OF CALIFORNIA, COUNTY OF LOS ANGELES STREET ADDRESS: 111 North Hill Street MAILING ADDRESS: 111 North Hill Street CITY AND Zi CODE:Los Angeles, California 90012 SRANCH NAME: Ceritral District - Stanley Mosk Courthouse ESTATE OF (Name): CHARLES ALLEN DAUGHERTY DECEDENT NOTICE OF PROPOSED ACTION CASE NUMBER: Independent Administration of Estates Act 21 STPB 05408 [-“} Objection [_] Consent NOTICE: if you do not object in writing or obtain a court order preventing the action proposed below, you will be treated as if you consented to the proposed action and you may not object after the proposed action has been taken. if you object, the personal representative may take the proposed action only under court supervision. An objection form) is on the reverse. If you wish to object, you may use the form or prepare your own written objection. | 1. The personal representative (executor or administrator) of the estate of the deceased is (names): Jeffrey Wadsworth Daugherty, Executor 2, The personal representative has authority to administer the estate without court supervision under the Independent Administration of Estates Act (Prob. Code, § 10400 et seq.) a. [x] with full authority under the act. b. [_~] with limited authority under the act (there is no authority, without court supervision, to-(1) sell or exchange real property or (2) grant an option to purchase real property or (3) borrow money with the loan secured by an encumbrance upon real property). 3. On or after (date): April 1, 2022 , the personal representative will take the following action without court supervision (describe in specific terms here or in Attachment 3): [___] The proposed action is described in an attachment labeled Attachment 3. As previously noticed, the Executor listed the Estate real property, a condominium located at the Marnia City Club, 4316 Marnia City Drive, Unit #C129, with Peter Srnyth.of Venus Louviere Broker, at a recommended listing price of $595,000, lower than the $665,000.00 value appraised by the Probate Referee. The property was listed on January 12, 2022, and there have been 34 showings, There have been no written offers to purchase. After the date of death of the Decedent, issues of decay and disrepair were discovered that have had a-significant effect on the value. of each unit inthe complex. Due to the condition of the property and repair issues, financing restrictions. are in place. Substantial assessments to the homeowners are contemplated to make repairs, Based on the recommendation of the real estate broker, the listing price will be reduced to $559,000 and the Executor proposes to accept the best and/or highest offer with the best terms. 4, x") Real property transaction (Check this box and complete item 4b if the proposed action involves a sale or exchange or a grant of an option to purchase real property.) a. The material terms of the transaction are specified in item 3, including any sale price and the amount of or method of calculating any commission or compensation to.an agent or broker. b. $ 665,000.00 is the value of the subject property in the probate inventory. {] No inventory yet. NOTICE: A sale of real property without court supervision means that the sale will NOT be presented to the court for confirmation at a hearing at which higher bids for the property may be presented and the property sold to the highest bidder, ————o—ee (Continued on reverse) Page 1 of2 i tity Pa LF 2: du Sg ee a an NOTICE OF PROPOSED ACTION Probate Cade, § 10580 et seq. DE-186 (Rev, January 1, 1998) Objection—Consent (Probate)