17Fees incidental to exercise of power of sale

17 Fees incidental to exercise of power of sale

17 Fees incidental to exercise of power of sale

(1) NSW Trustee may charge to an estate a fee if NSW Trustee is authorised by an order of a court to sell land forming part of the estate (unless the court directs otherwise).

(2) If the land is sold, the fee is not to exceed—

(a) 4% on the first $100,000, and

(b) 3% on the next $100,000, and

(c) 2% on the next $100,000, and

(d) 1% on any amount exceeding $300,000.

(3) If the land is not sold, the fee is not to exceed 4.5 fee units.

cl 17: Am 2025 (124), Sch 1[10].