EPTL § 7-2.8

Commissions of trustee to sell real property for benefit of  ·  as in force on May 31, 2026

§ 7-2.8 Commissions of trustee to sell real property for benefit of

creditors

A trustee of a trust to sell real property for the benefit of creditors is entitled to the same commissions as an assignee for the benefit of creditors.

Official sourcehttps://www.nysenate.gov/legislation/laws/EPT/7-2.8

In plain English

A trustee appointed to sell real property for creditors receives the same commissions as an assignee for the benefit of creditors. ★

Marked in the text: penalties, time limits, sums of money. Editorial emphasis added by this edition; it does not appear in the statute as enacted.

In print

This provision appears in Volume 1 — The Surrogate's Court in Plain English; Volume 3 — The Surrogate's Court: Court Rules & the EPTL; Volume 5 — Your Career: Surrogate's Court in Plain English.