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Does the auction house need the court to dock with the property?
Since it is a legal auction house, it needs to be auctioned in the court, and the court and the property can be docked to facilitate the transfer.
Expansion: houses auctioned according to law, that is, "real estate court auction", are houses auctioned by the court. When the debtor (owner) is unable to perform the loan contract or pay off the debt, the creditor applies to the court for compulsory execution through judicial procedures and auctions the house under the debtor's name to pay off the creditor's rights with the proceeds from the auction. The house being auctioned in this process is the auction house.
Auction form
The court entrusted the online platform to conduct an open, fair and just auction. There are seven online auction platforms shortlisted for the court-Taobao, JD.COM, China Auction Association, Gongpai.com, Ronge.com, Beijing Stock Exchange and People's Court Asset Litigation Network.
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