First Refusal in a Will

[donnas]

I received first right and option to purchase property in PA through a last will and testament. The will stated that I get the property for the average of two real estate appraisals. The will states "If they elect to exercise their option, they shall do so by notifying my death trustee in writing within sixty days of their receipt of notice" I wrote the letter that we intend to exercise our option and purchase the property. It does not have any other time limits etc. I need to sell my house first in order to purchase the property. Is there an automatic time limit for wills?

[Mr. Knowitall]

If you decline the option, the estate will proceed with a distribution based upon your choice. So if you wish to exercise the option you need to do so before the final distribution is made and the estate closes. Talk to the administrator.

[donnas]

Thank you. I did give my notice of intent to purchase. Now how long do I have. I need to sell my house first.
Thank you again,
Donna

[chuckycheese]

Some of the things you say sound as though you are the only one granted the right to purchase the property and other things you say sound as though more than one person was granted that right. Which is it?