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When a provision of law requires that repossession takes place, the lien holder has a non-delegatable obligation not to cause a breach of the peace (which is synonymous with disturbing the peace) in performing the repossession or the repossession will be reversed, and the party ordering the repossession will be liable for damages (or the lienholder will be held responsible).
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.
Bid4Assets, established in 1999, was the first online real estate auction website to operate in the United States. [1] [2] The company auctions distressed real estate and personal property for private investors and federal and local government. [3]
Ads proclaiming "Government Vehicle Disposal" and "The Repo Joe Sale" are designed to steer buyers to special used car sales events under the pretense they're getting a special deal. But the ...
24/7 Wall St. has identified nine U.S. assets that could generate a total of $543 billion -- or about a third of the annual budget deficit for the government's current fiscal year. The list is by ...
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Here are six abandoned historic homes for sale that you can buy right now. Located in the quaint town of Milton, North Carolina, the Gordon-Brandon House was possibly built circa 1850 by a local ...
Initially, the business located repossessed houses and sold the information to real estate agents, expanding by 1998 to cover 100,000 properties in the state of California. [ 7 ] [ 10 ] In 1996 White teamed up with Hughes Aircraft Research Engineer Ronald Schwarzrock to found Realtytrac Information Systems LLC, with Keane as the lead programmer.