UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take a look at sentence #6,...

UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take a look at sentence #5,...

UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take a look at sentence #4,...

UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take a look at sentence #3,...

UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take a look at sentence #2,...

While we’ve received 100’s of questions, there are five we tend to get most often. Here we answer those top five with basic information...

It is not unusual for an auctioneer association executive director, officer and/or director to receive a communication from a consumer...

“Famed artist Billy Woble’s painting estimated at $3,000,000 – $5,000,000 sells at auction for $7,500,000,” instead of “Famed artist...

So the auctioneer/auction company is able to succinctly express the precise terms and conditions of the auction — you must pay within 36...

If alley trading, owner A is set to sell his car in the auction. Just before, B buys the car from A for $10,000. Then B runs the car...

Absent any contract provisions to the contrary, for personal property the UCC § 2-401 will be applicable here. For real property, title...

In fact, our topic today is more something Manson talks about within his numerous responsibilities of this three-day seminar. Our...

Otherwise, this same brief 254 words is referenced in courts around the United States every day; the implications of the UCC 2-328 are...

Frank bequeathed (and technically devised) the lumberyard to her upon his death per his will. However, Connie desired to sell the...

This was no doubt in regard to a live auction where an auctioneer can assume nobody bids just once. In other words, if he bids $5,000,...

The seller has informed his auctioneer that he is willing to sell his prized framed painting for $150,000, at his upcoming auction, and...

This typically involves promises between buyer and seller to provide the subject property to the high bidder and making the related...

He conducted mostly onsite auctions where we were selling primarily antiques, collectibles, furniture, tools, etc. We would often get...

There are a myriad of federal laws which restrict the sale, possession, transfer, ownership, mailing, receiving, destroying, hiding,...

All of these auctions have been live auctions with a few coupled with online bidding. So given that, there was an auctioneer (me or one...