Hey Guys, I found a potential property to hunt, but the owner listed is deceased. The new owner, according to the will, is open to a lease agreement. What document would I need to request to keep with the lease agreement to confirm permission? Anyone else been in a similar situation that may have some tips to look out for? Thanks!

If the property is not in the name of the person you are talking to, you are on your own. If you think it is worth the risk, then your decision. Be like buying a car in someone elses name in the hopes that it will belong to you in the future. Case and point: I bought a four wheeler from a lady that had belonged to her dad. He died and left it to her in a will. I had two options, 1. Tried to get her to get it titled in her name first and then sell to me, which she did not want to do. 2. Got copy of will, her power of attorney letter for her dad, she signed the release on the title and still the tax office did not want to release and title it in my name.

May I suggest: Look at will. Who is executor? Who are the beneficiaries. Ask if will has been probated. If probated, ask if there is a court order that "Admits Will to Probate." If there are none of those things, ask if will is going to be probated. Or, alternatively, ask if they would agree that a title company (they can pick which title company) can hold the lease monies until ownership is determined. If they ask why, explain if someone else comes forward and objects to the lease, then you simply want to get your money back.

OK, I see the risks here; thanks GLC and TakeMeLord for the info!

A quick way to find out if an Estate has been opened is to just call the County Clerk for the respective county to see if a probate has been opened.