Massachusetts Auction Laws
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1 - 5 of 5 entries
In an Auction “With Reserve,” the Seller and Each Bidder can Withdraw only until the Seller Signifies Acceptance of a Bid
The Appeals Court of Massachusetts in Hunt v. Rice, 25 Mass. App. Ct. 622 (Mass. App. Ct. 1988) held that in an auction with reserve, a seller or any bidder may withdraw his/her/its bid only until the seller signifies th...
Read moreMassachusetts Consumer Affairs and Business Regulation | Auctioneers
http://www.mass.gov/ocabr/government/oca-agencies/dos-lp/dos-licensing/dos-auctioneers/
Read moreMassachusetts Sales by Hawkers or Pedlers Licensed as Auctioneers
Part I. Administration of the Government (Ch. 1-182) Title XV. Regulation of Trade (Ch. 93-110H) Chapter 101. Transient Vendors, Hawkers and Pedlers (Refs & Annos) § 29. Sales by hawkers or pedlers licensed as auctioneer...
Read moreOrdinarily, a Seller in an Auction Sale is Bound to Accept the Highest Bid only if an Invitation for bids Includes the Sale terms and Specifically states that an Auction is Positive or Without Reserve
The Appeals Court of Massachusetts in Mangano v. Town of Wilmington, 51 Mass. App. Ct. 857 (Mass. App. Ct. 2001) held that the seller in an auction is bound to accept the highest offer only if an invitation for bids spec...
Read moreWhen Sale of Auction Lot Final Massachusetts
Part I. Administration of the Government (Ch. 1-182) Title XV. Regulation of Trade (Ch. 93-110H) Chapter 106. Uniform Commercial Code (Refs & Annos) Article 2. Sales (Refs & Annos) Part 3. General Obligation and Construc...
Read more1 - 5 of 5 entries