SECTION 733.813. Purchasers from distributees protected.

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1If property distributed in kind, or a security interest in that property, is acquired by a purchaser or lender for value from a distributee, the purchaser or lender takes title free of any claims of the estate and incurs no personal liability to the estate, whether or not the distribution was proper. The purchaser or lender need not inquire whether a personal representative acted properly in making the distribution in kind.

History.-s. 1, ch. 74-106; s. 163, ch. 2001-226.

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