Empleo y nombramiento de agentes para la administración de fideicomisos

Sec. 113.018. EMPLOYMENT AND APPOINTMENT OF AGENTS. (a) A trustee may employ attorneys, accountants, agents, including investment agents, and brokers reasonably necessary in the Statute text rendered on: - 802 - 10/26/2024 PROPERTY CODE administration of the trust estate. (b) Without limiting the trustee's discretion under Subsection (a), a trustee may grant an agent powers with respect to property of the trust to act for the trustee in any lawful manner for purposes of real property transactions. (c) A trustee acting under Subsection (b) may delegate any or all of the duties and powers to: (1) execute and deliver any legal instruments relating to the sale and conveyance of the property, including affidavits, notices, disclosures, waivers, or designations or general or special warranty deeds binding the trustee with vendor's liens retained or disclaimed, as applicable, or transferred to a third-party lender; (2) accept notes, deeds of trust, or other legal instruments; (3) approve closing statements authorizing deductions from the sale price; (4) receive trustee's net sales proceeds by check payable to the trustee; (5) indemnify and hold harmless any third party who accepts and acts under a power of attorney with respect to the sale; (6) take any action, including signing any document, necessary or appropriate to sell the property and accomplish the delegated powers; (7) contract to purchase the property for any price on any terms; (8) execute, deliver, or accept any legal in