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An asset sale is the purchase of individual assets and liabilities, whereas a stock sale is the purchase of the owner's shares of a corporation. While there are many considerations when negotiating the type of transaction, tax implications and potential liabilities are the primary concerns.
What is a Sheriff's Sale? A sheriff's sale is an auction following a court order to seize and liquidate property in order to satisfy the non-payment of a debt or other obligation of the owner. Sheriff Sale Auction Process When a property owner defaults on his or her obligation to pay a debt, legal action may result in a court order instructing the county sheriff's department to hold a public auction for the sale of the property.