Kentucky Auction Laws
5 laws
1 - 5 of 5 entries
A Contract for Sale of Real Estate is not Enforceable in Auction Sales where no Memoranda of Sale was Ever Executed with the By-bidder
The Kentucky Court of Appeals in Nicholson v. Clark, 802 S.W.2d 934 (Ky. Ct. App. 1990) held that a contract for sale of real estate is not enforceable if it does not satisfy the statute of fraud requirements. In this ca...
Read moreAn Owner would have to pay an Auctioneer Reasonable Compensation for Services and Expenses Incurred in Preparing for Sale if s/he/it Withdraws his/her/its Property from an Auction Sale
The Kentucky Court of Appeals in Greer v. Arnold, 633 S.W.2d 75 (Ky. Ct. App. 1982) held that the breach of an auction sale contract, which does not include in the contract any language that the auctioneers have an exclu...
Read moreKentucky Administrative Code on Board of Auctioneers
Kentucky Administrative regulation regarding advertisement, reciprocity requirement, real estate sale by auction, record keeping and accounting, apprenticeship residency requirements, maintaining a license while on activ...
Read moreUnclaimed Property in Safekeeping Repositories of the Kentucky Department of Treasury May be Disposed of by Public Auction
Administrative provision regarding public auction of unclaimed property in safe deposit boxes or other safe keeping repositories of the department. Kentucky Administrative Regulations Title 20. DEPARTMENT OF TREASURY Cha...
Read moreWhen Sale of Auction Lot Final Kentucky
Title XXIX. Commerce and Trade Chapter 355. Uniform Commercial Code (Refs & Annos) Article 2. Sales (Refs & Annos) Part 3. General Obligation and Construction of Contract 355.2-328 Sale by auction (1) In a sale by auctio...
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