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MANUAL FOR BUYERS
Legal execution Department
6.
Interested persons
6. Interested persons
Are those entitled to the property subject to the execution
procedure and the following persons:
the judgment creditor
the judgment debtor
those who have preferential right over the property under
mortgage or the mortgagor
those who ask for proceeds from distribution of the
property sold
those who hold co-ownership in the property
7.
7. The role of the interested persons
The role of the interested persons
Shall make their presence known to the executing officer
at the bidding. If he or she is unable to physically show up, a proxy should
be appointed to monitor the bidding.
Shall have the right to bid the price.
Shall look for the bidder
who is able to bid at the price
they want.
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