Section 10518 Of Article 2. Powers Exercisable Only After Giving Notice Of Proposed Action From California Probate Code >> Division 7. >> Part 6. >> Chapter 3. >> Article 2.

. The personal representative has the power to allow, compromise, or settle any of the following:
  (a) A third-party claim to real or personal property if the decedent died in possession of, or holding title to, the property.
  (b) The decedent's claim to real or personal property title to or possession of which is held by another.