The UCC 2-328 Sentence #5 (of 9)
The UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take …
Category Archives: Contract law
The UCC 2-328 Sentence #4 (of 9)
The UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take …
The UCC 2-328 Sentence #3 (of 9)
The UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take …
The UCC 2-328 Sentence #2 (of 9)
The UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take …
The UCC 2-328 Sentence #1 (of 9)
The UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take …
A curious auction claim — and a “slip of the tongue”
We receive many calls about alleged auctioneer misconduct. Here is the gist of such a phone call a few months …
Can an auctioneer/seller deny someone from attending their auction?
Our question today regards an auctioneer/seller denying another auctioneer — or anyone else — from attending their auction. And the …
The “corruption” of the auction industry?
I’ve been writing for a while about auctioneers mistakenly reopening the bid after, “Sold!” Previous to that, we had also …
The top five questions I tend to get
I’ve been analyzing and writing about the auction industry in earnest since November, 2009. Not long thereafter, I started to …
“As-is” and I can or can’t inspect?
Bill couldn’t believe his eyes. In looking at this week’s upcoming auctions near his home in Xenia, Ohio, he stared …
Auctioneers “Engaging in the business” of selling firearms
Auctioneers often hear the phrase “Engaged in the business” when it comes to firearms. The reason is simple: If you …
Auctioneer, FFL and Contracts
Auctioneers without a Federal Firearms License (FFL) can sell firearms under very specific circumstances. Auctioneers with an FFL can sell …
The integrity of the bidding process
Our topic today specifically regards bankruptcy auctions, but applies equally and reasonably to any type of auction anywhere in the …
Does it cost to register?
Auctions require bidders. Bidders are often required to register in order to get a bid number, allowing them to participate. …
‘Reasonably advantageous’ auction terms
A rhetorical question was recently posed asking if auctioneers can use ‘reasonably advantageous’ terms and conditions (in their contract with …
Bid calling really does matter
In 2013, we wrote that “Bid calling matters” suggesting that the particular live auctioneer who is taking bids can — …
Auctioneers, auctions and title
Simply put, auctioneers need to be concerned with title (ownership) of that they are selling at auction. The burden of …
Real estate agents … auctioneers … and real estate auctioneers.
Auctioneers found this out years ago. The real estate community is just finding it out. What is remarkable, some of …
Christie’s manifestly unreasonable terms and conditions
Christie’s is one of the world’s oldest and best known auction houses. They opened in London, England in 1766 and …
Coming in waaaaaay below the pre-auction estimate
We wrote in 2010 that (we thought) most auction houses in the United States post pre-auction estimates that are purposely …
