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FAQ Real Estate Dictionary U Upset Price
FAQ Real Estate Dictionary U Upset Price
Upset Price
- DATE ADDED:
- Tuesday, 07 April 2009
- FAVOURED:
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ANSWER
A minimum price set by a court in a judicial foreclosure, below which the property may not be sold by a court appointed commissioner at public auction; the minimum price which can be accepted for the property after the court has had the property appraised.