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With a much larger number of potential bidders, PropertyRoom.com auctions typically have a winning bid price higher than live traditional offline police auctions. [6] This service also allows police and municipal clients to eliminate overhead and overtime to off-duty employees organizing an auction, allowing them to concentrate on their core ...
Court auction is an auction which takes place at a public location designated by the court. If a property owner fails to pay the mortgage, the mortgage holder can foreclose on that property. If the owner is unable to make sufficient payments, the property can be sold at auction. The time and place of the auction is published in official records ...
A bidding fee auction, also called a penny auction, is a type of all-pay auction in which all participants must pay a non-refundable fee to place each small incremental bid. The auction is extended each time a new bid is placed, typically by 10 to 20 seconds.
Christie's American branch at Rockefeller Center in New York. Christie's is a British auction house founded in 1766 by James Christie.Its main premises are on King Street, St James's in London, and it has additional salerooms in New York, Paris, Hong Kong, Milan, Amsterdam, Geneva, Shanghai, and Dubai. [3]
Government property sold at public auction may include surplus government equipment, abandoned property over which the government has asserted ownership, property which has passed to the government by escheat, government land, and intangible assets over which the government asserts authority, such as broadcast frequencies sold through a spectrum auction.
Another special case of a combinatorial auction is the combinatorial clock auction (CCA), which combines a clock auction, during which bidders may provide their confirmations in response to the rising prices, with a subsequantial sealed bid auction, in which bidders submit sealed package bids. The auctioneer uses the final bids to compute the ...
Lolong (died 10 February 2013) was the largest crocodile ever held in captivity. He was a saltwater crocodile (Crocodylus porosus) measured at 6.17 m (20 ft 3 in), and weighed 1,075 kg (2,370 lb), making him one of the largest crocodiles ever measured from snout-to-tail.
Many of the inhabitants of the Southeast Asian island of Borneo (now Indonesian Kalimantan, East Malaysia and Brunei Darussalam), the Dayak, live traditionally in buildings known as Lamin House or longhouses: rumah betang in Indonesia (specifically the western parts of Borneo) and rumah panjang in Malay. Common to most of these is that they are ...