If a vendor dies after signing a real estate contract but before the closing, the purchase price will pass to the vendor's estate as real property, while the interest of a deceased vendee would pass as personal property.

Question

Quizplus · Accepted Answer

If the vendee (buyer) dies before the closing, the interest in the property passes to their estate as real property. If the vendor (seller) dies before the closing, the purchase price would still pass to their estate, but the property itself would pass to the buyer as real property.

If a Vendor Dies After Signing a Real Estate Contract