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No.19

Question

What are the procedures for public auction participation?

Answer

The procedures for public auction participation are:
1. Interested persons who want to participate in a bidding must register
and place a bid deposit as specified in the public auction announcement.
2. When the property of your interest comes up for auction, raise a
bidder’s sign of your proposed price.
3. If you are the highest bidder, you must enter into a sale agreement
with an enforcement officer. The bid deposit in 1 will become your purchase
deposit. If you are unsuccessful in the bidding, you can have the bid deposit
reimbursed upon completion of the auction.

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138 Interesting facts about enforcement of civil case judgment Interesting facts about enforcement of civil case judgment 139