California Probate Code 10160 – The estate is not liable to an agent, broker, or auctioneer under a …
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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.
Terms Used In California Probate Code 10160
- Contract: A legal written agreement that becomes binding when signed.
- Property: means anything that may be the subject of ownership and includes both real and personal property and any interest therein. See California Probate Code 62
(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.)