How much does it cost to appoint a commercial property Court Appointed Receiver?
Although the fees for the receiver’s services are usually paid through the receivership estate, the creditor must advance the payment necessary to appoint the receiver. If there are insufficient liquid funds in the receivership estate, the moving party must loan funds to the receivership estate through a receiver’s certificate. The receiver’s certificate creates a super priority lien against the estate and is paid out of the estate before distribution of any other payments.
