Award
The moment the asset is assigned to whoever made the best bid. It does not yet transfer ownership: that comes with the decree.
Everything you need to know to find your way around auctions, appraisal reports and proceedings. Explained clearly, without needless legal jargon.
Everything you need to know to take part in a court auction: from choosing the lot to the transfer decree. A step-by-step operational procedure with legal references and an error-proof checklist.
The moment the asset is assigned to whoever made the best bid. It does not yet transfer ownership: that comes with the decree.
The riskiest moment of an auction is not the bidding: it is the period between the award and the balance. If the deadline passes without payment you lose everything, deposit included.
Auctions by area. The data is updated from the Public Sales Portal.