Buying a Deceased Estate
A focused learning module to guide you step-by-step on your home journey.
Buying a property from a deceased estate can offer value, but the process is different from a normal sale. Here's what you need to know.
What is a Deceased Estate?
When someone dies, their assets (including property) form part of their estate. The estate is wound up by an executor, who is appointed by the Master of the High Court. The executor may sell the property to pay debts, distribute to heirs, or as directed by the will.
Key Steps and Delays
- Master's Office: The executor must get a Letter of Executorship from the Master before they can sell. This can take weeks or months.
- Liquidation and Distribution Account: Creditors and heirs must be accounted for. There is a waiting period for objections.
- Transfer: Once the executor is authorised to sell, transfer follows a similar path to a normal sale, but the seller is the estate (executor).
What to Check Before You Buy
- Confirm the executor is properly appointed (Letter of Executorship).
- Check that the sale is authorised (will or court order).
- Understand that timelines are often longer—build in extra time for bond approval and transfer.
- Have your conveyancer verify that all Master's requirements have been met before you pay a deposit.
Tip: Deceased estate sales can be priced competitively, but always do a proper valuation and inspection. Delays are common, so avoid tying up your finances in a long wait if you need to move quickly.
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Essential resources, templates, and checklists to help you on your home buying journey. Click View to explore each resource in detail.
Deceased Estate Purchase Checklist
ChecklistEssential checks when buying from a deceased estate