Section 10164 Of Article 3. Compensation Of Agent, Broker, Or Auctioneer From California Probate Code >> Division 7. >> Part 5. >> Chapter 18. >> Article 3.
10164
. (a) This section applies only where the court confirms a
sale on an increased bid, made at the time of the hearing on the
petition for confirmation, to a purchaser who was not procured by a
bona fide agent or broker.
(b) Except as provided in subdivision (c), the court shall allow
the compensation determined under Section 10161 on the amount of the
original bid to the agent or broker whose original bid was returned
to the court.
(c) If an agent or broker holds a contract under Section 10150
granting the exclusive right to sell the property and the original
bid returned to the court is made by a purchaser who was procured by
another agent or broker, the compensation determined under Section
10161 on the amount of the original bid shall be divided between the
agent or broker holding the contract and the other agent or broker as
is provided in any agreement between the agent or broker holding the
contract and the other agent or broker. If there is no agreement,
the compensation shall be divided equally between the agent or broker
holding the contract and the other agent or broker.