The price paid at a forced sale.

A sale which is not the voluntary act of the owner, such as to satisfy a debt, whether of a mortgage, judgment, etc. The selling price under such a sale would not be considered market value.

See: Forced Sale.

A furnace having a fan or blower which forces the warm air through the ducts, rather than having the air circulated by the action of gravity.

A proceeding in or out of court, to extinguish all rights, title, and interest, of the owner(s) of property in order to sell the property to satisfy a lien against it.

A sale of property used as security for a debt, to satisfy said debt.

A corporation incorporated in another state. In New York, for example, a Delaware corporation would be a foreign corporation. See also: Corporation; Domestic Corporation.

The shore between the average line of the flow tide and the average line to the ebb tide.

A large area of land, covered with a heavy growth of trees and underbrush.

The taking of an individual’s property by a government, because the individual has committed a crime.

A false signature or material alteration with intent to defraud. The forged signature of the grantor will not pass title regardless of recording or lack of knowledge by the grantee or future grantees. Title insurance will insure against forgery. The word may extend beyond signatures (forged paintings, documents, etc.)

See: Formal Contract.

Any of three types of contracts. (1) Contracts under seal. (2) Contracts of record. (3) Negotiable instruments.