Auction Purchases Of Commercial Property: Bidders Beware

Law360, New York (May 20, 2014, 1:41 PM EDT) -- Auction sales of real estate are nothing new, and over the course of the Great Recession, auctions in the foreclosure context became an inescapable fact of life for both the commercial and residential sectors in most of the U.S. What is relatively new, though, is the sustained use of the auction format in an online setting....

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