California Real Estate Salesperson Exam Practice – Quesiton 14

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Question

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The commission to be paid to a broker in a probate sale is set by the:

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Selections

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• A. Executor

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• B. Administrator

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• C. Court

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• D. Estate manager

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Answer: C

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5 Keys Summary

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1. The commission in a probate sale is determined by the Court.

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2. A probate sale is a transaction transferring property from a deceased person’s estate, often executed pursuant to a court order.

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3. The probate court oversees the process and appoints an administrator or manages the executor’s distribution of assets.

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4. An administrator manages the estate, but the court retains the final authority to approve sales and associated costs, including broker commission.

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5. Sales requiring court confirmation involve the judge or court approving the transaction terms and the agent’s compensation.

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