It seems we’re all busy and sometimes forget the very basics of the auction profession. While there are many things every auctioneer...

I was testifying in an auction case, and told the presiding judge that “Anyone can bid at an absolute auction except the seller unless...

Most agree that the Uniform Commercial Code (UCC) suggests that by default, once an auctioneer says, “Sold!” title transfers at that time...

I viewed an auction where in the terms and conditions regarding a firearm noted: “Failure to pass the background check will result in...

First of all — auctioneers are advised that in order to do that, you better have your client’s knowledge and consent — memorialized in...

Property is generally deemed to have been … Lost if it is found in a place where the true owner likely did not intend to set it down, and...

What do those lights mean at a car auction? There is certainly no nationwide standard, but there is a pattern. Generally, most all buyers...

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

The auction was underway, and after about 30 minutes, a fairly regular buyer known by the auctioneer interrupted the auction with this...

At auction, the words, “title” and “possession” take on somewhat special meaning — but not all that special. In a personal property...

Terms such as this often include that “buyer’s must register,” “everything is being sold ‘as-is,'” and “payment is due at a certain...

Federal Firearms Licensee (FF.) The buyer fills out the ATF Form 4473 and subsequently is denied possession of the gun. Upon denial, the...

A television station just today reported that banks were, “buying homes back” at foreclosure auctions taking place in their county. Late...