Coles' Heirs v. Coles' Ex'or
Citations
- 83 Va. 525
- 5 S.E. 673
- 1887 Va. LEXIS 96
Syllabus
<p>1. Judicial Sales&emdash;Inadequacy of price.&emdash;-Whilst no test of adequacy ap- plies to all cases, and this court is averse to refusing to confirm a sale on the mere ground of inadequacy, yet it will always do so where the inadequacy is so gross as to amount to a sacrifice of the property.</p> <p>2. Idem&emdash; Upset bids&emdash;Case at bar.&emdash;Ordinarily a sale will be set aside and the biddings re-opened at any time before confirmation, upon the offer of a substantial upset bid. In this case the upset bid was improperly rejected.</p>
Judges: Hinton
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.