Sheriff's Sale
/ˈʃɛrɪfs seɪl/
Definitions
- (n.) A public auction of property repossessed to satisfy a court judgment or lien, conducted by a sheriff or other law enforcement officer.
The debtor's house was sold at a sheriff's sale to satisfy the outstanding mortgage debt.
Forms
- sheriff's sale
Related terms
See also
Commentary
Sheriff's sales typically follow judicial orders and involve property seized to enforce judgments; clarity about jurisdictional procedures is crucial when drafting related clauses.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.