What is a judicial sale primarily used for?

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A judicial sale is primarily used to resolve legal matters, particularly to satisfy a debt or enforce a court judgment. This process typically occurs when a court orders the sale of a property as part of a legal proceeding, often in the context of foreclosure or lien enforcement. The sale is conducted under the supervision of the court to ensure that the process is fair and legitimate, allowing creditors to recover amounts owed to them through the sale proceeds.

The other options do not fully encapsulate the primary purpose of a judicial sale. While it may involve selling properties at auction, establishing market value, or transferring property rights, these activities are secondary to the main objective of resolving a legal matter that necessitates the sale. In essence, the judicial sale is a mechanism to settle disputes or obligations arising from legal issues rather than simply a method of property transaction.

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