PETITION TO SELL OR ENCUMBER PROPERTY OF MINOR

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File a VERIFIED PETITION to SELL or ENCUMBER PROPERTY OF MINOR

GROUND: insufficient, best interest, security or improvement of real prop

COURT ORDER TO SHOW CAUSE (sec. 20) –WHERE COURT orders his next of
kin and all person/s interested in the property TO SHOW CAUSE WHY
PETITION SHOULD NOT BE GRANTED.

HEARING of the Show cause (Trial: with evidence, and witnesses) (Sec. 21)

COURT ORDER granting or denying authority to sell/encumber. (Sec.21)

GRANTED Original Bond subsists. BUT COURT MAY REQUIRE ADDITIONAL
BOND FOR the SALE/encumbreance. AUTHORITY TO SELL/ENCUMBER SHALL
NOT EXCEED 1 YEAR, unless renewed by court.

COURT ORDER granting or denying authority to sell/encumber. (Sec.21)

GRANTED Original Bond subsists. BUT COURT MAY REQUIRE ADDITIONAL
BOND FOR the SALE/encumbreance. AUTHORITY TO SELL/ENCUMBER SHALL
NOT EXCEED 1 YEAR, unless renewed by court.

Court may order INVESTMENT OF PROCEEDS AND DIRECT MGMT OF

PROPERTY

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