Receivership is a legal process in which a third-party receiver is appointed to manage a business or asset during financial distress. The length of a receivership can vary depending on real estate developer the specific circumstances, including the complexity of the case and the financial status of the entity involved. Generally, receiverships last anywhere from several months to several years.
Receivership is a legal process in which a third-party receiver is appointed to manage a business or asset during financial distress. The length of a receivership can vary depending on real estate developer the specific circumstances, including the complexity of the case and the financial status of the entity involved. Generally, receiverships last anywhere from several months to several years.