A Minnesota judge has approved a request by the trust for Prince's estate to move forward with selling some of the late icon's real estate, according to official court records posted online.
Carver County Judge Kevin Eide yesterday approved the request from Bremer Trust, the court-appointed administrator for Prince's estate, to "liquidate assets" to meet upcoming financial obligations. The musician's famed Paisley Park studio and home will not be put up for sale.
Bremer Trust made the request to sell some of Prince's real estate last week, citing the cost to maintain some of the properties and saying that it will sell the items at not less than 90 percent of fair market value.
A handful of Prince's properties may be put up for sale, including in Turks and Caicos and several properties in his hometown of Chanhassen, Minnesota.
The Associated Press adds that some of the properties up for sale are valued at around $14 and $22 million.
Prince died in April at the age of 57 and was found in his Paisley Park home. An autopsy conducted after his death revealed he died from an overdose of fentanyl, an opioid.