What Is Unconfirmed Cooperating Broker Compensation (UCB)

Unconfirmed cooperating broker compensation (UCB) is used in probate, bankruptcy or estate sales.

Under a court’s supervision in accordance with California law and the specific county’s “rules of the court”, the court confirmation process could provide for commissions to be paid to both the confirmed broker and the unconfirmed broker

UCB is not used to express commissions in short sales or any other listing except as described above.

Probate, bankruptcy and estate sales have defined processes which can include overbids and other specific legal requirements. MLS rules acknowledge that estate sale; probate and bankruptcy judges have broad discretion and therefore are not intended as a guarantee of a specific result as to commissions in court administrated sale.


Comments are closed.