California Real Estate Salesperson Exam Practice – Quesiton 14

Explanations

A probate sale involves the transfer of property belonging to a deceased person’s estate. In such sales, if the process requires court procedures, the court is involved in confirming the successful bidder and, by extension, would set or approve associated costs, including the broker’s commission. While an administrator is appointed by the probate court to manage the estate and distribute assets, the court itself retains oversight in determining key aspects of the sale, especially when court confirmation is necessary.

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