A receiver’s compensation and reimbursement of expenses are subject to the Court’s approval. The amount and method of compensation depend on the type of receivership, the work performed, and the terms of the Court’s order. In some types of receiverships, compensation may be based on a percentage of the funds collected or assets recovered, together with reasonable and approved expenses.
Real estate receivers are often compensated through the sale proceeds of the property. Depending on the appointment and the services provided, compensation may include a real estate commission, a separate receiver fee, and reimbursement for authorized expenses.
