California Probate Code

§ 10150

PROB § 10150Div. 7 · Part 5 · Ch. 18 · Art. 2

Statute text

(a)The personal representative may enter into a written contract with either or both of the following:

(1)A licensed real estate broker to secure a purchaser for any real property of the estate. The broker may associate other licensed real estate brokers for this purpose, including use of a multiple listing service as defined in Section 1087 of the Civil Code.

(2)One or more agents or brokers to secure a purchaser for any personal property of the estate. If the particular property to be sold or the particular manner of sale requires that the agent or broker be licensed, the contract may be made only with an agent or broker that is so licensed.

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Legislative history

Enacted by Stats. 1990, Ch. 79.