Auction: Advertisement

An auction must be notified at least 2 weeks before the planned auction date.

  • If applicable , identity card or passport
  • Auctioneer's permit
  • written notification of which must show:
    • place and time of the auction and
    • Class of goods to be auctioned
    • At auction of goods ,
      1. which belong to an estate or an insolvency estate, or
      2. are sold due to business cessation, or
      3. sold by way of public auction on the basis of statutory provisions (§ 383 paragraph 3 of the German Civil Code (BGB)) and
      4. are offered in open sales outlets and which are unused or whose intended use consists in their consumption,

the following additional information is required:

  • the reason for the auction and
  • the name and address of the contracting entities

Related Links

  • § 383 paragraph 3 of the German Civil Code (BGB)

Hints

Late registration of individual auction items is possible if the requirements of § 3 paragraph 2a Auctioneer Ordinance (VerstV) are met.

A new auction may not be started at the place of the previous auction until the previous auction was completed at least 5 days ago. An auction may not exceed the duration of 6 days. In individual cases, the competent authority may grant exceptions to the aforementioned deadlines in accordance with § 3 paragraph 3 VerstV.

  • § 3 Auctioneer Ordinance (VerstV)

Related Links

  • § 6 Auctioneer Ordinance (VerstV)
  • § 3 Auctioneer Ordinance (VerstV)

Responsible for the content
Lower Saxony Ministry of Economic Affairs, Labour and Transport

Last update or date of publication
13.09.2018