CHAPTER 786
DISPOSITION OF LANDS OF WARDS; SPECIFIC PERFORMANCE;
CHANGE OF NAMES; ESTABLISH HEIRSHIPS
786.01 Conveyance of lands held in trust by persons under disability.
786.02 Specific performance of incompetent's contract.
786.03 Specific performance; order; appeal.
786.04 Specific performance; conveyance; warranties.
786.05 Specific performance; recording order; effect.
786.06 Realty of wards; grounds for mortgage, sale, lease.
786.07 Realty of wards or incompetents; application for sale or encumbrance.
786.08 Realty of wards; guardian; bond; prosecution of breach.
786.09 Inquiry relative to sale or encumbrance.
786.10 Order for lease, mortgage, sale.
786.11 Contract for lease, mortgage, sale; approval.
786.12 Wards; other disposal of real estate; acquisition of real estate.
786.13 Platting realty of wards before sale.
786.14 Realty of wards; will or conveyance not disregarded.
786.15 Realty of wards, validity of the conveyance.
786.16 Realty of wards; effect of sale; proceeds realty.
786.17 Realty of wards, proceeds, how applied; accounts.
786.18 Ward's estate is subject to particular estates.
786.19 Ward's particular estate, disposition.
786.20 Minor, or incompetent, ward of the court.
786.21 Estate of incompetent, management.
786.25 Nonresident wards, foreign guardian to convey estate; special guardian.
786.26 Future estates may be sold.
786.27 Future estates, application for sale.
786.28 Future estates, sale, referee bond.
786.29 Future estates, sale, examination and report.
786.30 Future estates, order for disposition.
786.31 Future estates, approval of conveyance.
786.32 Future estates, approved conveyance vests title.
786.33 Proceeds deemed real estate.
786.34 Future estates, proceeds placed in trust.
786.35 Future estates, disposal, proceeding in rem.
786.36 Changing names, court procedure.
786.37 Change of name, notice of petition.
786.50 Limitation of action to recover estate sold.
786.52 When sale not avoided.
786.54 Liability for neglect.
786.58 Liability for fraud.
786.01
786.01
Conveyance of lands held in trust by persons under disability. Whenever any minor or person incompetent to manage his or her affairs is seized or possessed of any lands or interest in any lands by way of mortgage or in trust only for others, the circuit court of the proper county may, upon the petition of the guardian of the minor or incompetent person or of any person in any way interested in the real estate, make an order authorizing or compelling the minor or incompetent person to convey and assure the lands or interest in the lands to any person entitled thereto, in such manner as the court directs.
786.01 History
History: 1977 c. 449;
1979 c. 32 s.
63; Stats. 1979 s. 786.01.
786.02
786.02
Specific performance of incompetent's contract. A circuit court may authorize or compel the specific performance of any contract made by any person who becomes incompetent before the performance thereof, on the complaint or petition of the guardian of the incompetent person or of any other person interested in the contract.
786.02 History
History: 1977 c. 449;
1979 c. 32 s.
63; Stats. 1979 s. 786.02.
786.03
786.03
Specific performance; order; appeal. No order authorizing or directing any such conveyance or the performance of any such contract shall be made until after hearing the parties and being satisfied that such conveyance ought to be made or such contract ought to be performed. The court may, by such order, direct the guardian of such incompetent person, or a special guardian appointed in such proceeding, to do any act which is necessary to carry such order into effect. The court may further direct that the reasonable expenses of the proceedings be paid out of the proceeds of the sale. No appeal shall lie from such order unless notice of intention to appeal shall be filed with the court within 10 days after date of the order. The court may enforce such order by any proper proceedings.
786.03 History
History: 1979 c. 32 s.
63; Stats. 1979 s. 786.03.
786.04
786.04
Specific performance; conveyance; warranties. The court may require the guardian to convey the real estate which such incompetent person might or ought to have conveyed if still competent. Where such incompetent person contracted before incompetency to convey real estate by warranty deed, the guardian shall convey by warranty deed subject to any exceptions set forth in the incompetent's contract to convey. The guardian shall not be personally liable because of any breach of such warranty, but such warranty deed shall have the same effect for all purposes as if the incompetent had executed it at such time while competent. This section is applicable where an incompetent before incompetency made an assignment of a contract to convey real estate but did not deed to the assignee the title to the premises covered by the contract.
786.04 History
History: 1979 c. 32 s.
63;
1979 c. 176; Stats. 1979 s. 786.04.
786.05
786.05
Specific performance; recording order; effect. A certified copy of such judgment directing such conveyance, which is recorded in the office of the register of deeds in the county where the lands lie, shall be prima facie evidence of the correctness of the proceedings and of the authority of the guardian to convey. Every such conveyance shall be as effectual in passing the estate as if the incompetent were then competent and executed the conveyance.
786.05 History
History: 1979 c. 32 s.
63; Stats. 1979 s. 786.05.
786.06
786.06
Realty of wards; grounds for mortgage, sale, lease. Any real estate, or interest therein belonging to a minor or to a person incompetent to manage personal affairs may be sold, mortgaged or leased:
786.06(1)
(1) When the personal property and the income of the real estate of such minor or incompetent person are together insufficient for the payment of his or her debts or for the maintenance and education of himself or herself and family;
786.06(2)
(2) When the interests of such minor or incompetent person require or will be substantially promoted by such disposition on account of such real estate or interest therein being exposed to waste or dilapidation, or being unproductive, or for other peculiar reasons or circumstances.
786.06 History
History: 1979 c. 32 s.
63;
1979 c. 176; Stats. 1979 s. 786.06.
786.07
786.07
Realty of wards or incompetents; application for sale or encumbrance. The application for the disposition must be made to the circuit court of the county in which the real estate or some part thereof is situated or to the circuit court of the county in which the general guardian for the minor or incompetent person has been appointed, by petition of the general guardian of the minor or of the incompetent person or by any relative or other person in behalf of either. The petition must be verified and must set forth the facts which would authorize the selling, mortgaging or leasing of the real estate or some part of the real estate for one or more of the reasons set forth in
s. 786.06. If the real estate sold or some part of the real estate is situated in a county other than that in which the proceeding is taken, a certified copy of the order confirming the sale containing the name of the purchaser, the selling price and a description of the property sold shall be recorded in the office of the register of deeds of the county in which the real estate or any part of the real estate is situated. When the minor or incompetent person has a general guardian and the application is to any court other than the court in which the general guardian was appointed, notice of hearing of the application shall be given by mailing a copy of the notice to the judge of the court that appointed the general guardian, and also to the general guardian, unless he or she is the petitioner, at least 10 days before the date of the hearing.
786.07 History
History: 1977 c. 449;
1979 c. 32 ss.
63,
92 (14); Stats. 1979 s. 786.07.
786.08
786.08
Realty of wards; guardian; bond; prosecution of breach.
