California Law (Last Updated: March 4, 2014) |
Probate Code - PROB |
Division 7. ADMINISTRATION OF ESTATES OF DECEDENTS |
Part 5. ESTATE MANAGEMENT |
Chapter 18. Sales |
ARTICLE 3. Compensation of Agent, Broker, or Auctioneer |
Section 10160.
Latest version.
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The estate is not liable to an agent, broker, or auctioneer under a contract for the sale of property or for any fee, commission, or other compensation or expenses in connection with a sale of property unless the following requirements are satisfied:
(a) An actual sale is made.
(b) If court confirmation or approval is required, the sale is confirmed or approved by the court as required.
(c) The sale is consummated.
(Enacted by Stats. 1990, Ch. 79.)