Episode Description

Understanding real estate disclosures in probate sales can be deceptively complex, especially when exempt sellers are involved. In this episode of Probate Notes, host Sam Price sits down with Teresa Gorman to break down what fiduciaries, trustees, and personal representatives need to know when selling California probate property. Together, they unpack who qualifies as an exempt seller, what properties are covered, and which disclosures still matter despite statutory exemptions.

Teresa brings a rare dual perspective as a former trust and estate attorney and current broker with Fiduciary Real Estate Services, sharing practical guidance on avoiding disclosure mistakes that can lead to post-sale liability. From deaths on property to common law disclosure duties, this conversation focuses on real-world risk, not theory.

This episode is a must-listen for probate professionals navigating real estate sales with confidence and care.

In this episode, you will hear:

• Who qualifies as an exempt seller under California probate law
• Which probate and trust properties are exempt from standard real estate disclosures
• What exempt sellers must still disclose despite statutory exemptions
• Common mistakes fiduciaries make when completing exempt seller disclosures
• How deaths on a property should be handled and disclosed
• Disclosure risks created by repairs, renovations, and "light" fix-ups
• Why failing to disclose material facts can lead to post-sale liability

Resources from this Episode

fiduciaryrealestateservices.com/teresa-gorman

The 6-Stage Probate Process - How to Navigate California Probate

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Episode Credits

If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Let them know we sent you.

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