confirmation of sale

confirmation of sale
The formal approval of our executor's or administrator's sale of properly of the estate of his decedent by the probate court, which, in some jurisdictions is made a condition precedent to the passing of a valid title to the property. Norton v Jack, 115 Cal 29, 46 P 920. The approval by the court of a judicial sale upon report thereof made by the officer conducting the sale. 30A Am J Rev ed Jud S § 114. A court's approval of the report made by an officer, usually a commissioner, of his sale on foreclosure. See 37 Am J1st Mtg § 637. See decree of confirmation.

Ballentine's law dictionary. . 1998.

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  • confirmation of sale — The confirmation of a judicial sale by the court which ordered it is a signification in some way (usually by the entry of an order) or the court s approval of the terms, price, and conditions of the sale …   Black's law dictionary

  • confirmation of sale — The confirmation of a judicial sale by the court which ordered it is a signification in some way (usually by the entry of an order) or the court s approval of the terms, price, and conditions of the sale …   Black's law dictionary

  • confirmation — con·fir·ma·tion /ˌkän fər mā shən/ n 1: the act or process of confirming, assuring, or upholding seeking confirmation of the agreement; specif: the ratification of an executive act by a legislative body senate confirmation of the Supreme Court… …   Law dictionary

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  • Lender Confirmation Auction — A type of foreclosure auction where the highest bid must be approved and accepted by the lender (usually the bank). Lender confirmation auctions are opposed to an absolute auction, where the winning bid gets the property. The property is… …   Investment dictionary

  • Conditional sale — A conditional sale is a term used to describe a real estate transaction where the parties have set conditions. A standard real estate transaction usually begins when a prospective purchaser submits an offer to purchase to the vendor of a property …   Wikipedia

  • fair sale — In foreclosure and other judicial proceedings, this means a sale conducted with fairness and impartiality as respects the rights and interests of the parties affected. A sale at a price sufficient to warrant confirmation or approval when it is… …   Black's law dictionary

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