Simple English definitions for legal terms
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Term: LICITATION
Definition: Lictation is when things are sold or bought at an auction. It can also refer to a legal sale of property that is owned by more than one person.
Definition: Lictation refers to the process of offering something for sale or bidding for purchase at an auction. In civil law, it specifically refers to a judicial sale of property held in common.
Examples:
The first example illustrates how licitation can occur at an auction or sale of personal property. The second example shows how licitation can be ordered by a court in the case of property owned jointly by multiple parties.