A guardian's application for authority to lease real property of a ward shall be by petition setting forth the following:
(A) The legal capacity of the petitioner;
(B) The name of the ward, the character of the ward's disability, and if it is incompetence, whether the disability is curable or not, temporary, or confirmed, and its duration;
(C) The number, names, ages, and residence of the family of the ward, including the spouse and those residents of the county who have the next estate of inheritance from the ward, all of whom, as well as the ward, shall be made defendants;
(D) The indebtedness of the ward, the expense of supporting and maintaining the ward, the expense of educating the ward if the ward is a minor, and any other expense of the ward;
(E) The value of all the property and effects of the ward including the real property proposed to be leased;
(F) The income of the ward and the net annual value to the ward of the real property proposed to be leased;
(G) A description of the real property proposed to be leased and the probable amount for which the real property can be leased;
(H) A detailed statement of the improvements proposed to be made to the real property sought to be leased;
(I) The reasons for the proposed lease and the terms, covenants, conditions, and stipulations of the proposed lease, including the time for which it is proposed the real property should be leased;
(J) Any other facts necessary to apprise the court fully of the necessity or benefit to the ward or the estate of the proposed lease, or any other facts that may be required by the court;
(K) A prayer for the proper authority.
Amended by 129th General AssemblyFile No.52, SB 124, §1, eff. 1/13/2012.
Effective Date: 10-01-1953 .