confirmation of sale

confirmation of sale

A court approval of a sale by a trustee, executor, administrator, guardian, or bankruptcy trustee. Sales contracts by such persons are always specified as contingent on court approval.

References in periodicals archive ?
Remaining 75 percent of the auction amount shall be paid by the highest bidder within 15 days from the date of confirmation of sale or such extended period as may be agreed upon in writing between the parties, failure to deposit the amount would entail forfeiture of the entire money, already deposited by the said bidder.
The undersigned reserve the right to cancel the auction or withdraw the property or portion thereof at any stage before confirmation of sale.
A delay in the confirmation of sale dates from sponsor Nike has meant the home kit release has had to be pushed back to September 16 and the away kit to September 23.
In Cook County, where there has been a history of abuse of surplus funds generated by foreclosure sales, all hearings on the distribution of those funds are heard by the presiding judge, and only after the confirmation of sale has become final after 30 days.
Even as the hoped-for glimmers of recovery appeared this year, case filings, judgments, sales, short sales, consent judgments, and confirmation of sales continue to mount.
Balance 75 of bid amount to be deposited through bcddrtgs within 15 days of confirmation of sale.
18 September 2012 - After last week's confirmation of sales talks, US fresh fruit and vegetables producer Dole Food Company Inc (NYSE:DOLE) followed with the announcement of a definitive agreement that will see Itochu Corporation (TYO:8001) buy Dole's packaged foods and Asian fresh produce operations.
18 September 2012 a[euro]" After last weeka[euro](tm)s confirmation of sales talks, US fresh fruit and vegetables producer Dole Food Company Inc (NYSE:DOLE) followed with the announcement of a definitive agreement that will see Itochu Corporation (TYO:8001) buy Dolea[euro](tm)s packaged foods and Asian fresh produce operations.
Lucas discuss how confirmation of sales data is critical to any appraisal, but takes on additional importance when the purpose of the assignment is to measure the effects of a property condition such as contamination.
This will enable them to access the trading floor, view the teas catalogued, make their offers, monitor the status of their teas vis-a-vis other competitive offers, and receive confirmation of sales.
Confirmation of sales data is critical to any appraisal but takes on additional importance when the purpose of the assignment is to measure the effects of a property condition such as contamination.