Page 33 - Demo
P. 33


                                    32%u0009 %u0009 6)%u0009Theexecutingofficershallforfeitthedepositmadebythesuccessfulbidderinthesaleagreementifhe/shecannotmakethefullpaymentwithintheduedate.Thepropertybidbythatpersonshallbere-auctionedwherebythesuccessfulbidderfromthepreviousbiddingshallbeinformedofthedate,timeandplace.10. Adding or Removal of the Buyer%u2019s Name%u0009 %u0009 1)%u0009 Beforethebiddingstarts,biddersmustchecktheirnamestoensureaccuracyandmakesurethattheyarecapableofmakingthepaymentorcheckwiththefinancialinstitutesthattheyareapplyingforloan.Oncethebiddingiscompleted,innoeventshallachangeofthebuyer%u2019sname,eitherbyaddingorremovalofthename,beallowed.%u0009 %u0009 2)%u0009 Inthecasethatthebidderrepresentssomeoneelseinthebidding,thebiddermustpresentthepowerofattorneytotheexecutingofficerbeforethebiddingstarts.Withoutthepowerofattorney,thebidderisdeemedbiddingonhis/herownbehalf.32
                                
   27   28   29   30   31   32   33   34   35   36   37