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This document outlines the auction details for a housing property on November 3, 2023, with a reserve price of RM88,000. Important bidding and legal advice included.
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What is proclamation of sale?
A proclamation of sale is a formal announcement of an upcoming auction of property, typically associated with a foreclosure or tax sale.
Who is required to file proclamation of sale?
The entity responsible for the sale, such as a lender, tax authority, or trustee, is required to file the proclamation of sale.
How to fill out proclamation of sale?
To fill out a proclamation of sale, one must include details such as the date, time, and location of the sale, a description of the property, and contact information for the filing party.
What is the purpose of proclamation of sale?
The purpose of a proclamation of sale is to inform the public about the auction and to provide essential details to potential bidders.
What information must be reported on proclamation of sale?
Information that must be reported includes the property description, auction date and location, terms of the sale, and any applicable liens or encumbrances.
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