judicial sale

It is generally more expedient than foreclosure by judicial sale.

This process is generally much faster and cheaper than foreclosure by judicial sale.

Foreclosure proceedings began in 2008, and the mall was listed for judicial sale.

This rule could be applied in case of an international judicial sale, such as an action in rem.

By 1774 the Brodie estate was in financial trouble and sold by judicial sale.

Courts are historically reluctant to grant orders for foreclosure, and will often instead order a judicial sale.

The Court of Session ordered a judicial sale.

Neither implied power of sale requires a court order, although the court can usually also order a judicial sale.

The respondents obtained judgment ex juris in the foreclosure action, and then obtained orders for the judicial sale of the properties.

Even where a mortgagee seeks an order for foreclosure from the courts, the courts will frequently order judicial sale of the property instead.

As in judicial sale, the mortgage holder and other lien holders are respectively first and second claimants to the proceeds from the sale.

In the U.S., two of them - namely, by judicial sale and by power of sale - are widely used, but other modes of foreclosure are also possible in a few states.

In September 2009, the Court of Queen's Bench of Alberta ordered a judicial sale of the building due to foreclosure for $3 million, down from its previous price of $10 million.

By 1910, Mr. Esseks said, the land had been partitioned into so many pieces over the years that it was decided to "hold a judicial sale to clear up the question of title to the lands under water."

Francis's son John contracted such debts that Hessilhead had to be disposed of by judicial sale in 1722 and was bought by Colonel Patrick Ogilvie who had married Elizabeth, one of John's sisters.

Upon his death a judicial sale of the estate was only avoided by Robert Patrick, eldest son of John Patrick and Marion Shedden (B 1733), paying the value of his late uncle's estate.

If the foreign judgment is a money judgment and the debtor has assets in the recognizing jurisdiction, the judgment creditor has access to all the enforcement remedies as if the case had originated in the recognizing country, e.g. garnishment, judicial sale, etc.

General License No. 2 - authorizing certain transactions related to the arrest, detention, and judicial sale of the MV Dandle and the MV Decretive, which are two vessels on OFAC s Specially Designated Nationals and Blocked Persons list.

Because Ms. da Camara is a court-approved executor and the auction was also court approved, a group of French auctioneers have now claimed that Christie's auction is a "judicial sale," one of the categories reserved for French auction houses in the 2001 law ending the French monopoly over the local art market.

Today the Paris court said that since the auction was authorized by another court, it should be treated as a "judicial sale" and as such could be handled only by a French auction house under the terms of the 2000 law that allowed foreign houses like Christie's and Sotheby's to start operating here last year.

Foreclosure by judicial sale, more commonly known as judicial foreclosure, which is available in every state (and required in many), involves the sale of the mortgaged property under the supervision of a court, with the proceeds going first to satisfy the mortgage; then other lien holders; and, finally, the mortgagor/borrower if any proceeds are left.