Risks

Where we work, you can often hear recommendations on the purchase of property precisely at auctions, for it is one of the safest ways of buying.

It really is so! An asset is acquired at an auction after its evaluation, proper execution of all the necessary documents, in a competitive environment and at market value. As a result, the conclusion of a sale and purchase agreement with the winner or the sole bidder to a greater extent protects the acquirer of the asset from the subsequent challenging of the transaction and its execution.

However, it must be remembered that trades can be invalidated if certain conditions are met. In addition, very often, persons applying for the acquisition of property in bankruptcy cases do not consider the possibility of other persons exercising the preemptive rights to such property and the risks arising from this.