forced sale


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Noun1.forced sale - a sale of property by the sheriff under authority of a court's writ of execution in order satisfy an unpaid obligationforced 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"
References in classic literature ?
It was also made interesting by the testimony of Job Potterson, the ship's steward, and one Mr Jacob Kibble, a fellow-passenger, that the deceased Mr John Harmon did bring over, in a hand-valise with which he did disembark, the sum realized by the forced sale of his little landed property, and that the sum exceeded, in ready money, seven hundred pounds.
A dispute arose between the owner of a mortgaged property affected by the land consolidation scheme and a banking institution, regarding the procedure followed which led to the forced sale of the new property created after the consolidation of the owner's two pieces of land.
Contract award notice: brokerage services in connection with the forced sale of property.
Summary: Donald Sterling’s forced sale of the NBA’s Los Angeles Clippers, and Sterling’s subsequent threatened lawsuit against the league for its actions, may be finally, thankfully .
Summary: Airport operator BAA has announced it is to give up its long legal battle over the forced sale of Stansted Airport.
Forced sale of products may constitute an anti-competitive practice prohibited by the Competition Act, 2010.
Islamabad -- Competition Commission of Pakistan (CCP) has started probe on the complaints of forced sale of lube oils to its cartage contractors and deducting the price of the product from the payments due for cartage services.
The law forbidding waivers and exclusions is tantamount to a forced sale of services.
The designation may result in the forced sale of the property through exercise of eminent domain, a process involving various mandatory procedural steps and public hearings.
dollars which could typically be realized at a properly advertised and conducted public auction sale, held under forced sale conditions and under present day economic trends, as of the effective date of the appraisal report.