Simple English definitions for legal terms
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Confirmation of Sale: When a court approves the terms of a sale that was ordered by the court, it is called confirmation of sale. This approval is usually recorded in the court's docket or in an order.
Definition: Confirmation of sale refers to a court's approval of the terms of a court-ordered sale. This approval is usually in the form of a docket entry or order.
Example: A property is being sold as part of a divorce settlement. The court orders the sale and sets the terms, such as the minimum sale price. Once a buyer is found and the sale is complete, the court will issue a confirmation of sale to ensure that the terms were followed and the sale was fair.
Explanation: In this example, the court is confirming that the sale of the property was done according to the terms set by the court. This ensures that both parties in the divorce settlement are treated fairly and that the sale is legally binding.