licitation Sentence Examples
- The executor initiated a licitation process to sell the deceased's property.
- The court ordered the licitation of the jointly owned house due to irreconcilable conflicts.
- The licitation attracted numerous bidders hoping to acquire the rare painting.
- The licitation was open to the public, allowing anyone to participate in the bidding process.
- The minimum bid for the licitation was set at a fair market value to ensure a competitive sale.
- The licitation was conducted in a transparent manner, with all bids recorded and documented.
- The winning bidder at the licitation had the exclusive right to purchase the property.
- The proceeds from the licitation were used to pay off outstanding debts and distribute the remainder to the beneficiaries.
- Legal counsel was retained to assist in navigating the complexities of the licitation process.
- The licitation resolved the ownership disputes and provided a fair and equitable distribution of assets.
licitation Meaning
Webster
licitation (n.)
The act of offering for sale to the highest bidder.
Synonyms & Antonyms of licitation
No Synonyms and anytonyms found
FAQs About the word licitation
The act of offering for sale to the highest bidder.
No synonyms found.
No antonyms found.
The executor initiated a licitation process to sell the deceased's property.
The court ordered the licitation of the jointly owned house due to irreconcilable conflicts.
The licitation attracted numerous bidders hoping to acquire the rare painting.
The licitation was open to the public, allowing anyone to participate in the bidding process.
