Vermont § 3115 - Purchase of home for ward

§ 3115. Purchase of home for ward

• (a) The court may authorize the purchase of the entire fee simple title to real estate
  in this State in which the guardian has no interest, but only as a home for the ward,
  or to protect his or her interest, or (if he or she is not a minor) as a home for
  his or her dependent family. Such purchase of real estate shall not be made except
  upon the entry of an order of the court after hearing upon verified petition. A copy
  of the petition shall be furnished the proper office of the Veterans’ Administration
  and notice of hearing thereon shall be given such office as provided in the case of
  hearing on a guardian’s account. (b) Before authorizing such investment, the court shall require written evidence of value
  and of title and of the advisability of acquiring such real estate. Title shall be
  taken in the ward’s name. This section does not limit the right of the guardian on
  behalf of his or her ward to bid for and to become the purchaser of real estate at
  a sale thereof pursuant to decree of foreclosure of lien held by or for the ward,
  or at a trustee’s sale, to protect the ward’s right in the property so foreclosed
  or sold; nor does it limit the right of the guardian, if such be necessary to protect
  the ward’s interest and upon prior order of the court in which the guardianship is
  pending, to agree with co-tenants of the ward for a partition in kind, or to purchase
  from co-tenants the entire undivided interests held by them, or to bid and purchase
  the same at a sale under a partition decree, or to compromise adverse claims of title
  to the ward’s realty.