Auction house definition

Auction house means a structure or enclosure where goods or livestock are sold by auction.

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Auction house means a permanent Place of Business where auctions are conducted, and personal property is sold at auction.

Auction house means an individual or entity that provides

Examples of Auction house in a sentence

• If in accordance with the LPMLTPF law the decision of the Financial Intelligence Service requires suspension of the transaction, but the Buyer has paid for the Lot and the Auction house has handed out the Lot to the Buyer, the Buyer is obliged to return the Lot to the Auction house within 3 (three) working days after receiving the notice.

• The Auction house has the right to recover losses from the Seller.

• The Auction house will refund the money to the Buyer only in accordance with the order of the Financial Intelligence Service.

• In that case, the Auction house has the right to re-auction the Lot, return it to the Seller, or purchase it at the Reserved Price.

• If in accordance with the LPMLTPF Law, the decision of the Financial Intelligence Service requires the suspension of the transaction, but the Seller has received payment for the Lot, the Seller is obliged to reimburse the payment to the Auction house within 3 (three) working days after receiving the notification.

More Definitions of Auction house

Auction house or “auction firm” means and includes any person or entity that contracts with one or more individuals or entities to provide for the auctioning of goods, but does not auction the goods itself, and must retain the services of a licensed auctioneer to perform the auction.

Auction house means an establishment where the property of others is sold by a broker or auctioneer to persons who attend scheduled sales periods or events.

Auction house means a company or other juristic person which from time to time conducts auctions as part of its business; or

Auction house means MeDtrada, which is duly authorized to organize and conduct voluntary public auction sales of furniture.

Auction house has the meaning set forth in Section 2.5.

Auction house means a Person that, directly or indirectly, engages in an Auction House Business.

Auction house means an individual or entity that provides a facility for conducting an auction other than an estate sale;