Section 23 Confirmation of Sale and Distribution of Proceeds

• Library: Real Estate Fundamentals 2011

Upon return of the sheriff’s report of sale, the court must set aside or confirm the sale. The approval or rejection of the sale rests largely within the discretion of the trial court. First Nat’l Bank of Carrollton v. Eucalyptus, 752 S.W.2d 456, 459 (Mo. App. W.D. 1988). If the sale is set aside, a new one will be ordered. If the sale is confirmed, the court will order the distribution of the proceeds to the parties after the payment of costs. See §8.25, infra. The net proceeds are distributed by the...