Like probate and trust sales, conservatorship sales in California are regulated by Probate Code and are conducted in probate court. One of the primary differences is that in a probate transaction the property owner is deceased; in conservatorship sales the property owner – the conservatee – is often very much alive and may even be living in the home that is for sale. The conservator acts as fiduciary, selling the property on the conservatee’s behalf, often to provide additional funds for the conservatee’s care.