Enacted by Stats. 1990, Ch. 79.
(a)At the hearing, the court shall entertain and consider any other offer made in good faith at the hearing to lease the same property on more favorable terms.
(b)If the court is satisfied that it will be to the advantage of the estate, and, if the lease is for more than 10 years, that it is to the benefit of interested persons, the court shall make an order authorizing the personal representative to make the lease to the person on the terms and conditions stated in the order. The court shall not make an order authorizing the personal representative to make the lease to any person other than the lessee named in the petition unless the offer made at the hearing is acceptable to the personal representative.
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