Judicial sale definition

Judicial sale of a ship means any sale of a ship:
Judicial sale means any sale of a Ship accomplished by a Competent Authority or under the control of a Court in a State by way of public auction or private treaty or any other appropriate ways provided for by the law of the State where the Judicial Sale takes place by which Clean Title to the Ship is given to the Purchaser and the proceeds of sale are made available to the creditors.
Judicial sale. A judicial sale by public auction of real property pursuant to Section 231 of the RPAPL as a result of tax lien foreclosure proceedings commenced pursuant to Title 11, Chapter 3, of the City Admin. Code, and the CPLR.

Examples of Judicial sale in a sentence

  • Judicial sale without objection on part of lessee.—Bona fide purchaser without knowledge of lease.—Estoppel.

  • As used in this Section, unless the context otherwise requires: "Judicial sale" means any sale of real or personal property in accordance with a court order, including, but not limited to, judicial sales conducted pursuant to Section 15-1507 of the Code of Civil Procedure, sales ordered to satisfy judgments under Article XII of the Code of Civil Procedure, and enforcements of delinquent property taxes under Article 21 of the Property Tax Code.

  • Judicial sale pursuant to an action to foreclose the said first mortgage shall extinguish the lien of any assessments which became due prior to such sale but shall not extinguish the personal liability of the Owner.


More Definitions of Judicial sale

Judicial sale means a sale conducted by an officer or person authorized for the purpose by some competent tribunal;
Judicial sale means any sale of real or personal
Judicial sale refers to the sale of the Property under the authority and supervision of a federal or state court with jurisdiction in the County;
Judicial sale of a ship means any sale of a ship ordered or carried out by a court or other authority by way of public auction or private treaty or any other way provided for by the law of the State of judicial sale; 4
Judicial sale of a ship means any sale of a ship for the purpose of enforcing recovery of private or commercial claims:
Judicial sale means the process in which TFN will proceed with the sale of the house with the consent of a court.
Judicial sale bears the meaning assigned to it in Article 9.5. of this Agreement.