Definition of "Liquidation"

Beth Ann Muehling PLLC real estate agent
Beth Ann Muehling PLLC, Real Estate Agent Xena Vallone Realty Inc

  1. Conversion of real property into money.
  2. The breaking up and selling of a real estate company for cash distribution to its creditors and then owners. Chapter 7 of the Federal Bankruptcy Code applies to a forced liquidation.
 

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