Successful bidder payment obligation: bid must be paid within fifteen days and possession transfers only after full payment. Administrative notice to a successful bidder in a public auction requiring payment of the bid amount within fifteen days of the auction; possession of the goods or conveyance will be transferred to the bidder only after full payment. The form references the auction by number and date, provides for signature and identification of the issuing official, and reflects textual amendments made by a subsequent notification.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Successful bidder payment obligation: bid must be paid within fifteen days and possession transfers only after full payment.
Administrative notice to a successful bidder in a public auction requiring payment of the bid amount within fifteen days of the auction; possession of the goods or conveyance will be transferred to the bidder only after full payment. The form references the auction by number and date, provides for signature and identification of the issuing official, and reflects textual amendments made by a subsequent notification.
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