Job Recruitment Website - Job seeking and recruitment - The interval between the first auction and the second auction of Taobao house in Xiamen Intermediate People's Court.
The interval between the first auction and the second auction of Taobao house in Xiamen Intermediate People's Court.
It depends on the time when the auction company applies to the court for price reduction auction and the time when the court approves whether to reduce the price auction.
Article 26 of the judicial interpretation stipulates: "If there is no bidder in the auction or the highest bid price of the bidder is lower than the reserve price, and the application executor or other enforcement creditors present do not apply to pay off the debts at the reserve price determined by the auction, they shall auction again within 60 days". Article 28 stipulates: "The people's court may, in accordance with the provisions of Article 19 of these Provisions, transfer the real estate or other property rights that are still auctioned in the second auction to the applicant executor or other enforcement creditors to pay off debts. If the applicant executor or other enforcement creditor refuses to accept or fails to perform the debt according to law, the third auction shall be held within 60 days. "
Regarding the reduction of the reserve price, Article 8 of this judicial interpretation stipulates: "The reserve price shall be determined in the auction. The reserve price of auction shall be determined by the people's court with reference to the evaluation price; If it is not evaluated, it shall be determined with reference to the market price, and the opinions of the parties shall be solicited.
The reserve price determined by the people's court shall not be lower than 80% of the evaluation or market price at the first auction; If there is a auction, the reserve price may be reduced as appropriate when auctioning again, but the amount reduced each time shall not exceed 20% of the previous reserve price. "
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