Key considerations when offering property or land through tender or auction

Buying and selling by tender When a property is being sold by tender

Questions 1 - 5

Scenario 1

Question 6 - Scenario 1

Buying and selling by auction

The auctioneer’s responsibilities

Questions 7 - 8

Implications for prospective purchasers or bidders

Questions 9 - 12

Mortgagee sales by auction or tender

Scenario 2

Question 13 - Scenario 2

Vendor selling goods in trade as a supplier

Questions 14 - 16

Scenario 3 - Disciplinary Tribunal (guidance on auction best practice)

Questions 17 - 18 - Scenario 3

Scenario 4 - Disciplinary Tribunal (precedent case)

Question 19 - Scenario 4

The Real Estate Agents Act and the Rules in relation to tender and auctions sales

Questions 20 - 21

The Overseas Investment Act 2005 in relation to tender and auctions sales

Anti-money laundering