PARTITION WITHOUT COURT APPROVAL; RATIFICATION OF PARTITION AGREEMENT

(a) If a guardian, without court approval as provided by this subchapter, executes or intends to execute an agreement to partition any real estate in which the ward has an interest, the guardian shall file with the court in which the guardianship proceedings are pending an application for the approval and ratification of the partition agreement. (b) The application must: (1) refer to the agreement in a manner in which the court can fully understand the nature of the partition and the real estate being divided; and (2) state that, in the opinion of the guardian, the agreement is fair and just to the ward's estate and is in the best interests of the estate. (c) On the filing of an application under Subsection (a), the court shall hold a hearing on the application as provided by Section 1158.703. The court shall enter an order ratifying and approving the partition agreement if the court is of the opinion that the partition is: (1) fairly made; and (2) in the best interests of the ward's estate. (d) On ratification and approval, the partition is effective and binding as if originally executed after a court order.