fair sale

fair sale

A foreclosure sale or other judicial sale conducted with fairness toward the rights and interests of the affected parties. [Cases: Judicial Sales 1; Mortgages 380. C.J.S. Judicial Sales §§ 2–5, 11; Mortgages §§ 490–491, 495, 690–691, 695, 697.]

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fair sale

fair sale 公平买卖 指对相关各方当事人的权利与利益均属公平的买卖,尤指在司法拍卖〔judicial sale〕、抵押物拍卖〔foreclosure〕及其他司法程序中对各方当事人权益均为公平而无偏私的买卖。

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