Forced sale

Definition of Forced sale

A sale made at the time and in the manner prescribed by law, in virtue of execution issued on a judgment already rendered by a court of competent jurisdiction; a sale made under the process of the court, and in the mode prescribed by law. A sale which is not the voluntary act of the owner, such as to satisfy a debt, whether of a mortgage, judgment, tax lien, etc. Sale brought about in shorter time than normally required because of creditor’s action. For comparable sale purposes in eminent domain proceedings, "forced sales” are those occurring as result of legal process, such as tax sale. Colonial Pipeline Co. v. Gimbel, 54 Md.App. 32, 456 A.2d 946, 952. See also Fire sale; Foreclosure; Judicial sale; Sale ( Tax-sale)-, Sheriff’s sale.

That's the definition of Forced sale in Black's Law Dictionary 6th Edition. Courtesy of