Indiana Administrative Code
Title 812 - INDIANA AUCTIONEER COMMISSION
Article 1 - GENERAL PROVISIONS
Rule 1 - Powers of Commission; Permitted Activities; License Procedure; Fees
Section 1-20 - Real estate sales; powers and duties of auctioneers
Universal Citation: 812 IN Admin Code 1-20
Current through March 20, 2024
Authority: IC 25-6.1-2-5
Affected: IC 25-6.1-6
Sec. 20.
A licensed auctioneer may advertise and sell real estate at auction. The licensee shall have an executed contract or agreement with the owner or seller containing the terms and conditions upon which licensee receives or accepts the real estate for sale at auction. The licensee shall conduct the bidding and announce the culmination thereof. No further acts necessary to transfer title to the real estate shall be performed by the licensee.
Disclaimer: These regulations may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
