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.
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.
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.