Compensation of Agent, Broker, or Auctioneer
Applied in 1 court decision — leading case 128 Cal. App. 4th 947 - Sullivan v. Dorsa (2005)
Most recently applied in 128 Cal. App. 4th 947 - Sullivan v. Dorsa (April 2005)
Enacted by Stats. 1990, Ch. 79.
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.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.