Executor


Definition of "Executor"

Holly Mclear real estate agent
Holly Mclear Hogan Associates Real Estate

Fiduciary named in a will to settle an estate of a deceased person. The executor must act as a reasonably prudent man in safeguarding that property in his care, custody, and control. Insurance coverages are available for executors.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Administrator Cum Testamento Annexo (C.T.A.)

A will where the decedent's nomination of an executor/executrix is flawed, requiring an administrator to be appointed by the court and annexed to the ...

Executrix

Woman executor. ...

Executory

Unfulfilled action where something remains to be done in order to complete it. ...

Administration Bond

Coverage that guarantees that the executor or administrator of an estate will conduct his or her duties according to the provisions of the will and th ...

Administrator

Court-appointed person to manage the estate of a deceased individual who declared no executor or executrix. This person so appointed acts in a fiducia ...

Executory Contract

Agreement in which some terms are yet to be carried out. The contract is still not fully completed. ...

Popular Real Estate FAQ

How Do I File An Insurance Claim?

Call your Insurance agent or Insurance Company \"Claims Hotline\" as soon as possible. Getting your agent\'s help, may speed things along. ...

What Do I Need To Know About Watercraft Insurance?

You need separate coverage for the variety of risks you face when storing, launching, hauling or running your seaworthy vessel. Boats, and other water ...

What Do I Need To Know About Motorcycle Insurance?

You need an insurance policy that is tailored in your needs in mind. Take liability for example. Guest passenger liability helps protect you bodily in ...

What Should I Do If I'm In An Accident?

1.- Stay Calm. Determine the injuries and or damage. 2.- Call the police. File an accident report and obtain medical assistance if needed. 3.- L ...

What Do I Need To Know About RV Insurance?

Your motor home can be both your transportation and your home away from home. So like your auto and your home, you need to safeguard it with the prope ...

What Do I Need To Know About Auto Insurance?

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you own and the reasons to protect them. The year of ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add real estate terms app
on your Website

Real Estate Advice

Property tax in the US: a homebuyer guide Buying a House with Cash vs. Mortgage Short-term Lease Pros and Cons Spring Landscaping Ideas to Improve Curb Appeal and Sell Your House DIY Home Improvement to Increase Your Home Value

FAQ

What is a second mortgage? What is a qualifying ratio? What is a Buildable acre? What is an assessed value? What do I need to know about RV Insurance?