As amended through June 1, 2022
Rule 5.10-1 - Terms And Conduct Of A Public Or Private Sale(a) All public or private sales shall be made for cash unless otherwise specifically ordered by the court and in no event shall a bid on the property be finally accepted unless at least ten (10%) percent of the proposed purchase price, or a sum sufficient to defray all costs of a resale in event purchaser fails to pay the balance, whichever is the greater amount, be immediately paid to the fiduciary conducting the sale.(b) The fiduciary shall reserve the right to reject any bid for inadequacy of price or irresponsibility of bidder.(c) Prior to calling for bids on any property being offered for public or private sales, the terms of sale, as set forth in sub-paragraphs (a) and (b) of this Rule, shall be publicly announced, and at the same time notice shall be given of the time and place at which confirmation by the court will be requested.Penn. Wash. O.C. Rule 5.10-1