California Probate Code

§ 10161

PROB § 10161Div. 7 · Part 5 · Ch. 18 · Art. 3

Statute text

(a)Subject to the provisions of this article, whether or not the agent or broker has a contract with the personal representative, the fee, commission, or other compensation of an agent or broker in connection with a sale of property shall be the amount the court, in its discretion, determines to be a reasonable compensation for the services of the agent or broker to the estate.

(b)Unless the agent or broker holds a contract granting an exclusive right to sell the property, an agent or broker is not entitled to any fee, commission, or other compensation for services to the estate in connection with a sale except in the following cases:

(1)Where the agent or broker produces the original bid which is returned to the court for confirmation.

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Legislative history

Enacted by Stats. 1990, Ch. 79.