Auction Rules

Bidding

• Parcels will be auctioned in PPIN order.
• The timer will reset to 0:30 as each parcel is auctioned.
• If a new winning bid is placed within 10 seconds of the timer expiring, the timer will reset to 10 seconds. If a bid is placed within 10 seconds of the timer expiring that is not a new winning bid (or ties the current winning bid) then the timer will not reset.
• Winners of tied auctions will be determined via random number generator. You will be notified at the end of each parcel's auction if you won or lost via random number generator.
• The next 10 parcels to be auctioned and the most recently finished 10 parcels will show on a list on the Live Bidding page. If you have a pre-bid or watch set on a parcel, it will show on the upcoming list.
• When the auction begins, no new bids can be placed, edited, or deleted on the "My Bids" page. All new bidding activity must happen on the Live Bidding page.

Payments

• Final payments for all parcels won will be available to be made within 8 hours of the auction ending. You will be notified via email when payments are available.
• Any deposit paid will be used as credit against what is due.
• Balances are due within 48 hours of the auction completion.
• Failure to pay on time will result in the forfeiture of any deposit and any parcels won will be sold in a subsequent auction.