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MINNESOTA DEPARTMENT OF NATURAL RESOURCES DIVISION OF FORESTRY NOTICE OF SALE OF STUMP AGE ON STATE LANDS IN THE FOLLOWING AREA: AIT KIN AREA STATUS: COMPLETED INTERMEDIATE AUCTION SALE #2 ORAL Notice
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Oral bid is a bidding process in which bids are given verbally, typically in an auction setting.
Any individual or entity interested in participating in an auction that requires oral bids may be required to file an oral bid.
To fill out an oral bid, interested bidders must verbally communicate their bid amount in real-time during the auction.
The purpose of oral bid is to allow bidders to actively participate in an auction by placing bids verbally.
The information that must be reported on an oral bid typically includes the bidder's name, bid amount, and any other relevant terms.
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