Section 10005 Of Article 1. General Provisions From California Probate Code >> Division 7. >> Part 5. >> Chapter 18. >> Article 1.

. (a) If any property in the estate is sold for more than the appraised value, the personal representative shall account for the proceeds of sale, including the excess over the appraised value.
  (b) If any property in the estate is sold for less than the appraised value and the sale has been made in accordance with law, the personal representative is not responsible for the loss.