GroundRules
EDC § 17474
Where this section sits in the code
- Education Code - EDC
- TITLE 1. GENERAL EDUCATION CODE PROVISIONS [1. - 32527.]
- DIVISION 1. GENERAL EDUCATION CODE PROVISIONS [1. - 32527.]
- PART 10.5. SCHOOL FACILITIES [17210. - 17672.]
- CHAPTER 4. Property: Sale,Lease, Exchange [17385. - 17561.]
- ARTICLE 4. Sale or Lease of Real Property [17455. - 17484.]
In the event of a sale on a higher oral bid to a purchaser procured by a licensed real estate broker, other than the broker who submitted the highest written proposal, and who is qualified as provided in Section 17468 of this code, the board shall allow a commission on the full amount for which the sale is confirmed. One-half of the commission on the amount of the highest written proposal shall be paid to the broker who submitted it, and the balance of the commission on the purchase price to the broker who procured the purchaser to whom the sale was confirmed.
Collected 2026-09-14T05:56:33Z. Source file · JSON