Commercial Real Estate Receivership Act


Receivership is an equitable remedy allowing a court to oversee the orderly management and disposition of property subject to a lawsuit. Although the remedy is not new, there is no standard set of receivership rules and the courts of different states have applied widely varying standards. This Uniform Commercial Real Estate Receivership Act applies to receiverships involving commercial real estate, and provides a standard set of rules for courts to apply. It will result in greater predictability for litigants, lenders, and other parties doing business with a company subject to receivership.

Staff Contact

Benjamin Orzeske borzeske@uniformlaws.org


Enactment Status Map

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Legislative Tracking

2018 Introductions & Enactments
Kentucky SB 196 WesterfieldIntroduced
Michigan HB 4471 IdenEnacted
Oklahoma SB362/HB1927 Holt/KannadyIntroduced
Tennessee SB 1921 JohnsonEnacted
West Virginia HB 4489 StorchIntroduced


Drafting History

Origin: Completed by the Uniform Law Commission in 2015.
Committee/Resources: Commercial Real Estate Receivership Act