Forced Sale Value

  • When a property must be sold to satisfy a debt, those responsible for selling must act with due diligence to ensure the owner is not deprived of an open market value.
  • E.g. The Court of protection – has a duty when selling a property to secure a fair and reasonable price.  I.e. not merely accept a forced sale value for convenience.

What are your thoughts?

Your email address will not be published. Required fields are marked *