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 ?
Last week, landowners who attended the local government meeting agreed to support the immediate processing of certificate of confirmation of sale so that the project can proceed.
She then tasked Provincial Legal Officer lawyer Jonah Mineses to hasten the release of the confirmation of sale and other necessary documents needed to push through with the project.
Musikantow contends that the court of appeals erred by limiting the credit to the amount of the winning bid at the sheriff's sale thereby precluding the circuit court from hearing evidence of the fair value of the property after the confirmation of sale. Specifically, Musikantow contends that Wis.
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.
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.
Balance 75 of bid amount to be deposited through bcddrtgs within 15 days of confirmation of sale. Authorised officer of the bank reserves the right for inter se bidding, postponement and cancellation of bid process, extend the date , time and mode of deposit of bid and bid amount.
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.