Power Of Sale

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Definition: Power Of Sale

Power Of Sale
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Full Definition of Power Of Sale

The clause included in a mortgage or deed of trust that provides the mortgagee (or trustee) with the right and power to advertise and sell the property at public auction if the borrower is in default.

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To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/power-of-sale/
Modern Language Association (MLA):
Power Of Sale. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/power-of-sale/.
Chicago Manual of Style (CMS):
Power Of Sale. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/power-of-sale/ (accessed: April 19, 2024).
American Psychological Association (APA):
Power Of Sale. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/power-of-sale/

Definition Sources

Definitions for Power Of Sale are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 16th November, 2021 | 0 Views.