Full administration - Legal lexicon
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Legal lexicon > Full administration

Full administration

The mandatary, administrator or liquidator responsible for the full administration must preserve any property of the mandator and make it productive, increase the assets or appropriate it to a purpose, where the interest of the mandator or the estate so requires.

The mandatary, administrator or liquidator responsible for the full administration therefore has the same powers as when charged with simple administration, but in addition, he or she may, in the performance of his or her duties, sell or transfer any property for money, charge it with a real right (mortgage, servitude) or change its intended use and perform all other necessary or useful acts, including all types of investments.

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