§2.4 - Trusts-Sale by Trustee
| Jurisdiction | Washington |
§2.4 TRUSTSSALE BY TRUSTEE
A trustee, subject to fiduciary duties, has the power to sell, exchange, convey, and control property, generally without court approval. RCW 11.98.070.
A trustee selling trust assets, including real estate, has a duty to obtain the best possible price for the property. A determination of the best possible price for the trust property may be reached either by obtaining an independent appraisal of the property or by testing the market to determine what a willing buyer would...
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