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Code · Wisconsin · Chapter 860 — Probate — sale, mortgage and lease of property

860.05 Free of creditor’s claims.

75 words·~1 min read·/wi/chapter-860/860-05-2

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

860.05 Free of creditor’s claims. If property in an estate is sold, mortgaged or leased by a personal representative, title passes subject to the rights of creditors having a secured interest in the property sold but free and clear of any right of creditors which is based on the filing and allowance of a claim in the estate. The filing and allowance of a claim in an estate does not make one a secured creditor.
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