judicial sale Synonyms
No Synonyms and anytonyms found
judicial sale Meaning
Wordnet
judicial sale (n)
a sale of property by the sheriff under authority of a court's writ of execution in order satisfy an unpaid obligation
judicial sale Sentence Examples
- Judicial sales are court-ordered auctions used to sell assets to satisfy legal obligations or debts.
- Judicial sales are typically used when an individual or company is unable to pay their debts or obligations.
- The proceeds from a judicial sale are used to pay off the debts of the original owner, including any outstanding taxes or fees.
- Judicial sales are usually conducted by a court-appointed officer, such as a sheriff or auctioneer.
- The judicial sale process typically involves advertising the property for sale, conducting an auction, and transferring ownership to the winning bidder.
- Judicial sales are often used to sell real estate, vehicles, and other personal property.
- Judicial sales can be a good way to obtain quality items at a reduced price, but they can also be risky, as there is no guarantee of the quality of the item being sold.
- It is important to do your research before bidding on a judicial sale item, as there could be hidden problems or issues with the item that could end up costing you more money.
- Judicial sales can be a good option for individuals or businesses looking to acquire assets at a reduced price, but it is important to proceed with caution and be aware of the risks involved.
- Judicial sales are an important part of the legal process, as they provide a way to satisfy debts and obligations and transfer ownership of assets.
FAQs About the word judicial sale
a sale of property by the sheriff under authority of a court's writ of execution in order satisfy an unpaid obligation
No synonyms found.
No antonyms found.
Judicial sales are court-ordered auctions used to sell assets to satisfy legal obligations or debts.
Judicial sales are typically used when an individual or company is unable to pay their debts or obligations.
The proceeds from a judicial sale are used to pay off the debts of the original owner, including any outstanding taxes or fees.
Judicial sales are usually conducted by a court-appointed officer, such as a sheriff or auctioneer.
