Section 9833 Of Chapter 9. Compromise Of Claims And Actions; Extension, Renewal, Or Modification Of Obligations From California Probate Code >> Division 7. >> Part 5. >> Chapter 9.
9833
. Authorization by order of court is required for a compromise
or settlement of a matter when the transaction requires the transfer
or encumbrance of property of the estate, or the creation of an
unsecured liability of the estate, or both, in an amount or value in
excess of twenty-five thousand dollars ($25,000).