The administrator of an estate may not mortgage the property vested in him as administrator without the approval of the Court. There is no similar restriction on a mortgage executed by the executors of an estate.
See section 46, The Trustee Act
The administrator of an estate may not mortgage the property vested in him as administrator without the approval of the Court. There is no similar restriction on a mortgage executed by the executors of an estate.
See section 46, The Trustee Act