/səkˈsɛʃən seɪl/ – Phrase
Definition: phát mại tài sản thừa kế.
A more thorough explanation: Succession sale refers to the sale of property or assets that occurs as part of the transfer of ownership from one party to another, typically due to inheritance or the passing of ownership rights from a deceased individual to their heirs or beneficiaries. This type of sale is often governed by specific legal procedures and requirements to ensure a smooth transfer of ownership and to protect the rights of all parties involved.
Example: In the event of the owner’s death, the succession sale of the property will be conducted according to the terms outlined in the will.