Maine Auction Laws
5 laws
1 - 5 of 5 entries
An Auctioneer Can Conduct an Auction in Maine Only if there is a Written contract with the Consignor of the Property to be Sold
The Supreme Judicial Court of Maine in Street v. Bd. of Licensing of Auctioneers, 889 A.2d 319 (Me. 2006), held that the express language of 32 M.R.S.A. § 298 plainly compels, without exception, an auctioneer to provide...
Read moreAuctioneer Auction of Real Estate Allowed Maine
Maine Revised Statutes Title 32. PROFESSIONS AND OCCUPATIONS Chapter 114. REAL ESTATE BROKERAGE LICENSE ACT Subchapter 1. GENERAL PROVISIONS Current through 2013 first special session § 13002. Exceptions to brokerage Rea...
Read moreIn Maine, 32 M.R.S.A. § 284(1), Defining Auction, Does Not Require That Goods be Sold to the Highest Bidder in Accordance with the Traditional Auction Format for a Sale to Fall Within the Definition of Auction
The Supreme Judicial Court of Maine in Audrely L. Street v. Board of Licensing of Auctioneers 889 A.2d 319 (Me. 2006), held that for a sale to constitute an auction, it is not necessary that the goods be sold to the high...
Read moreReserve and without Reserve Auctions Maine
Maine Revised Statutes Title 11. UNIFORM COMMERCIAL CODE Article 2. SALES Part 3. GENERAL OBLIGATION AND CONSTRUCTION OF CONTRACT Current through 2013 first special session § 2-328. Sale by auction (1). In a sale by auct...
Read moreWhen Auction of Lot Final Maine
Maine Revised Statutes Title 11. UNIFORM COMMERCIAL CODE Article 2. SALES Part 3. GENERAL OBLIGATION AND CONSTRUCTION OF CONTRACT Current through 2013 first special session § 2-328. Sale by auction (1). In a sale by auct...
Read more1 - 5 of 5 entries