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Fair Sale

Defined in 2 dictionaries — Bouvier (1914), Black's (1910)

Bouvier's Law Dictionary and Concise Encyclopedia

John Bouvier; revised by Francis Rawle · 1914

A sale conducted with fairness as respects the rights of all parties affected. Lalor V. Mc Carthy, 24 Minn. 419. A sale at a price sufficient to warrant confirmation or approval when it is required. See Sale.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

In foreclosure and other judicial proceedings, this means a sale conducted with fairness and impartiality as respecte the rights and interests of the parties affected. La-lor v. McCarthy, 24 Minn. 419.

Defined under Fair in Black's Law Dictionary.