Motion For Judgment Of Foreclosure By Market Sale {JD-CV-151}

JD-CV-151 - MOTION FOR JUDGMENT OF FORECLOSURE BY MARKET SALE. This form is used in the Connecticut Superior Court to request a court order approving a foreclosure by market sale. This form is filed by the plaintiff, typically with the consent of the mortgagor, after a purchase agreement has been reached for the property. It requires detailed financial disclosures, including the mortgage debt, lien priorities, fair market value, and estimated sale expenses. The form also identifies the buyer, property details, and any subordinate lienholders. A hearing is scheduled where the court evaluates whether the proposed sale is appropriate and whether the debt exceeds the property’s value. If approved, the court may authorize the sale and establish terms for resolving competing claims. C.G.S. §§ 49-24, 49-24e, 49-24g, 49-26 to 49-28; P.B. 23-18(b). www.FormsWorkflow.com