The sequence after the owner’s death is:
1. Identify the secured debt and collateral.
2. Determine whether an authorized executor exists for the transaction.
3. The executor sells and pays the debt; otherwise a judge appoints a person with that authority.
4. Account for the sale proceeds, satisfying the debt and separating any surplus or remaining estate liability.
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A step-by-step post-death application
Kitab al-Rahn: Misuse, Loan Back, Liability and Death of the Pledgor
The sequence after the owner’s death is:
1. Identify the secured debt and collateral.
2. Determine whether an authorized executor exists for the transaction.
3. The executor sells and pays the debt; otherwise a judge appoints a person with that authority.
4. Account for the sale proceeds, satisfying the debt and separating any surplus or remaining estate liability.