Mike Brandly, AuctioneerOct 6, 20233 min readAuctions, contracts, two identical lotsLot #2 and Lot #184 are mistakenly the same lot. Lot #2 sells and we have a buyer and seller in contract. Lot #184 comes up and a...
Mike Brandly, AuctioneerJun 30, 20233 min readAuctioneers and customaryThe word “customary” gets attention in the auction business. What is customary? Live and/or online bidding? A variety of payment...
Mike Brandly, AuctioneerMar 9, 20173 min readWhen does title transfer at an auction?Absent any contract provisions to the contrary, for personal property the UCC § 2-401 will be applicable here. For real property, title...