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RULES OF AUCTION AND CONDITIONS OF SALE PLACE OF AUCTION: BIDS OPEN: BIDS CLOSE:ONLINE FRIDAY, 30 JUNE 2023 AT 08H00 WEDNESDAY, 05 JULY 2023 FROM 11H00 BIDDERS CHOICE (PTY) LIMITED Reg: 2012/123036/07Corner
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Rules of auction are the set of guidelines and regulations that govern the bidding process in an auction.
The auction organizer is required to file the rules of auction with the relevant regulatory authorities.
Rules of auction can be filled out by specifying the details of the auction process, including bidding procedures, payment terms, and any other relevant information.
The purpose of rules of auction is to ensure transparency, fairness, and efficiency in the auction process.
The rules of auction must include details such as the starting bid, bid increments, auction end time, payment methods accepted, and any applicable fees or taxes.
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