Glossary
This is the Glossary description. This can be changed by editing the Taxonomy Vocabulary.
- Tax Sale search for term
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Public sale of property at auction by governmental authority, due to nonpayment of property taxes.
- Termssearch for term
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The legal terms that govern the conduct of an auction, including acceptable methods of payment, terms, buyer's premiums,
possession, reservesand any other limiting factors of an auction. Usually included in published advertisements or announced
by the auctioneer prior to the start of the auction. - Tie Bidssearch for term
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When two or more bidders bid exactly the same amount at the same time and must be resolved by the auctioneer.
- Trustee's Salesearch for term
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A sale at auction by a trustee.
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