Minnesota Auction Laws
3 laws
1 - 3 of 3 entries
Page of 1
An Announcement of Auction is not an Offer to Sell
In Anderson v. Wisconsin C. R. Co., 107 Minn. 296 (Minn. 1909)the Supreme Court of Minnesota held that an announcement or advertisement to sell a property to the highest bidder is a mere declaration of intention to hold...
Read moreIn Minnesota, once a Property is Struck off at Auction, the Auctioneer Becomes the Purchaser’s Agent to the Extent of Binding Both Parties by his Memorandum of Sale
In Schwinn v. Griffith, 303 N.W.2d 258 (Minn. 1981), the Supreme Court of Minnesota held that an auctioneer also becomes the agent of the purchaser after the property is struck off at auction. The auctioneer acts as the...
Read moreWhen Sale of Auction Lot Final Minnesota
Minnesota Statutes Annotated Trade Regulations, Consumer Protection (Ch. 324-338) Chapter 336. Uniform Commercial Code (Refs & Annos) Article 2. Sales Part 3. General Obligation and Construction of Contract 336.2-328. Sa...
Read more1 - 3 of 3 entries
Page of 1