Forced Sale

Definition of "Forced sale"

Shawn Lee
Shawn Lee Keller Williams Realty

Sale of property where the seller in unable to allow current market prices an conditions determine the actual selling price.In a forced sale, the property owner is selling under duress complying with court judgment specifying a specific sale date and other judicially determined sale conditions. A foreclosure sale is an example of a forced sale.

Search Real Estate Glossary

Related Real Estate Glossary terms

Related Real Estate FAQ