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execution sale

   Also found in: Wikipedia 0.08 sec.
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Noun1.execution saleexecution sale - a sale of property by the sheriff under authority of a court's writ of execution in order satisfy an unpaid obligation
sales agreement, sale - an agreement (or contract) in which property is transferred from the seller (vendor) to the buyer (vendee) for a fixed price in money (paid or agreed to be paid by the buyer); "the salesman faxed the sales agreement to his home office"


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Fink (January 1991): The statutory right of a debtor to repurchase real property involuntarily sold to satisfy a debt does not extend to an execution sale by a county water district after the former owners failed to pay property assessments.
 
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