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LSDefine

Simple English definitions for legal terms

forced sale

Read a random definition: Fifteenth Amendment

A quick definition of forced sale:

A forced sale is when someone has to sell something because of a legal reason, like a court order or bankruptcy. It's not because they want to sell it for money. If someone sells something because they want to, it's not a forced sale. For example, if someone can't pay their mortgage, the bank might make them sell their house in a forced sale.

A more thorough explanation:

A forced sale is a type of sale that happens when someone is legally required to sell something, rather than choosing to sell it for economic reasons. This can happen in situations like a mortgage foreclosure or a bankruptcy proceeding.

For example, if someone falls behind on their mortgage payments and the bank forecloses on their home, the bank may be legally required to sell the home in a forced sale. Similarly, if a business goes bankrupt, the court may order a forced sale of the company's assets to pay off its debts.

It's important to note that a forced sale is different from a voluntary sale, which happens when someone chooses to sell something for economic reasons, such as wanting to downsize or move to a new location.

forced pregnancy | forced share

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HopefullyInLawSchool
16:06
it means you will not be rejected today and may be accepted or WL in the future
Just got my Michigan rejection
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
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