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Article
Real Estate Auctions - Legal Concerns for an Increasingly Preferred Method of Selling Real Property, 40 Real Prop. Prob. & Tr. J. 765 (2006)
UIC Law Open Access Faculty Scholarship
  • Steven Good
  • Celeste M. Hammond, John Marshall Law School
Document Type
Article
Publication Date
1-1-2006
Abstract

Part I of this Article provides an introduction and history of how the real estate auction has been used to sell non-distressed properties as an alternative to negotiated sales. Part II analyzes, from a legal perspective, auction practices that allegedly undercut the reputation of the industry, including complaints of both buyers and sellers. Part III reviews existing legal and ethical rules that affect the real estate auction process, and considers why existing rules are not adequate and are in need of reform

Citation Information
Real Estate Auctions - Legal Concerns for an Increasingly Preferred Method of Selling Real Property, 40 Real Prop. Prob. & Tr. J. 765 (2006)