judicial sale

2 definitions found

judicial sale - WordNet (r) 2.1 (2005) :

  judicial sale
      n 1: a sale of property by the sheriff under authority of a
           court's writ of execution in order satisfy an unpaid
           obligation [syn: sheriff's sale, execution sale,
           judicial sale, forced sale]

judicial sale - Bouvier's Law Dictionary, Revised 6th Ed (1856) :

  JUDICIAL SALE. A sale by authority of some competent tribunal, by an officer 
  authorized by law for the purpose. 
       2. The officer who makes the sale, conveys all the rights of the 
  defendant, or other person against whom the process has been issued, in the 
  property sold. Under such a sale there is no warranty, either express or 
  implied, of the thing sold. 9 Wheat. 616. When real estate is sold by the 
  sheriff or marshal, the sale is subject to the confirmation of the court, or 
  it may be set aside. See 4 Wash. C. C. R. 45 Wallace, 128; 4 Wash. C. C. R. 
  322.