Bulk Sales Law


Definition of "Bulk sales law"

Debran Collins
  Russ Lyon Sothebys International Realty

Statue designed to protect lenders if a seller secretly sells substantially all of the business property. The objective of the law is to safeguard against defrauding creditors.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Portfolio

Reducing real estate investment risk by acquiring diversified holdings. ...

Applicant

Prospective insured who completes and signs a written form containing personal statements about hims ...

Conformity Principle

A generally accepted appraisal principle stating properties having similar architectural, socioecono ...

Hangarkeepers Legal Liability Insurance

Coverage for the owner of an airplane in circumstances where use of the owner's premises as an aircr ...

Occupancy Agreement, Limited

An agreement allowing occupancy of a premises for a stated period of time provided certain terms a ...

Authorized Insurer

Insurance company that is licensed by a state to market and service particular lines of insurance in ...

Related Real Estate FAQ

What Do I Need To Know About Business Insurance?

Commercial insurance is designed to help protect many of the risks your business can face, including ...

What Are Paid Advertorials?

Paid advertorials are articles written by public relations professionals that have just one goal in ...

What Is Comprehensive Homeowners Insurance?

Comprehensive is the most expensive type of homeowners insurance; it covers the most potential damag ...

What Is Homeowners Insurance?

Homeowners insurance is an insurance policy that combines personal liability insurance and hazard in ...

When Should I Get Travel Insurance?

You should definitely consider getting travel insurance when doing or bringing any of the following ...

What Is A Subprime Mortgage?

A subprime mortgage is a mortgage granted to a borrower who is considered subprime-that is, a person ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

7 Things to Consider Before Moving to a New City What Must I Disclose When Selling My Home? What Costs Do Buyers and Sellers Pay On Big Day When Escrow Closes? 5 U.S. Cities with the Best Public Transportation What is Escrow and how does it Work?

FAQ

What is Disability Insurance? How big is an acre? What is a cap? What is a spec house? What do I need to know about Managed Care Insurance: HMO, PPO, & and POS plans?