### Question
What does liquidation sale mean?


### Answer
**Liquidation sale** has the following meaning in *38 U.S.C. § 3732*:

> a judicial sale or other disposition of real property to liquidate a defaulted loan that is secured by such property

#### Citation:
  - *38 U.S.C. § 3732*
  - Heading: **PART III-READJUSTMENT AND RELATED BENEFITS > CHAPTER 37-HOUSING AND SMALL BUSINESS LOANS > SUBCHAPTER III-ADMINISTRATIVE PROVISIONS**

