6 mins confidence: judgment certifying award by auction
Explanation: This is the term I have used in documents v. similar to the Asker's. As courts in the UK do not oversee auctions of repossessed properties, there is no "official" way to express this in English. In Francce, the auction is actually conducted by the court and the successful bid becomes a judgment of the court.
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Jugement d'adjudication , locution Sens 1 Droit Jugement qui confirme la vente d'un bien à une personne lors d'une vente aux enchères. https://www.linternaute.fr/dictionnaire/fr/definition/jugeme... L' "adjudication" (en anglais " Auction ")est une vente aux enchères publiques, dite aussi " vente forcée " qui a lieu, généralement après un jugement condamnant le débiteur au paiement d'une somme d'argent que celui-ci n'a pas pu règler, ou n'a pas voulu s'acquiter volontairement malgré la décision intervenue. (Voir aussi le mot "Surenchère" ) La décision qui constate quel est le dernier enchérisseur, lequel devient " l' adjudicataire ", constitue un jugement. Textes : CPC. art. 702, et s. L. 91-650 du 9 juil. 1991 portant réforme des procédures civiles d'exécution, art. 52 et s. D. 92-755 du 31 juil. 1992 pris en application de la loi ci-dessus, art. 110 et s., 185 et s. Ordonnance no 2006-461 du 21 avril 2006 réformant la saisie immobilière. Décret no 2006-936 du 27 juillet 2006 relatif aux procédures de saisie immobilière et de distribution du prix d'un immeuble. https://www.juritravail.com/lexique/Adjudication.html
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There are three types of property auction in France: Voluntary auctions (vente volontaire), run by the Chambre des Notaires, at which properties that vendors wish to auction (e.g. for a quick sale, in the hope of selling for a higher than market price or to save estate agents’ fees) are offered. State auctions (vente domaniale), organised by the Direction Nationale d’Interventions Domaniales for the sale of public buildings and properties acquired by the state (e.g. where the owner has died without leaving an heir). Judicial auctions (ventes judiciares), ordered by the courts, at which you can bid for properties that have been repossessed by mortgage lenders or over which there have been inheritance disputes, for example. The last type of auction is the most common. Somewhat surprisingly, there often isn’t a lot of competition for properties sold at auction, particularly as many are old properties in rural areas which aren’t of much interest to French buyers. Properties due to be sold at auction are advertised in local papers by the Tribunal de Grande Instance (local county court) responsible for the auction, and details are published around six weeks in advance by the person (e.g. the notary or lawyer) responsible for the sale. The form (fiche) contains the date and place of the sale, a description of the property, land details with cadastre references, the name and address of the person handling the sale, details regarding inspections, and the reserve price. Domaines sales are advertised by the local tax office (in Paris, at the Salle des Ventes Domaines, 15 rue Scribe, 75009). https://www.justlanded.com/english/France/Articles/Property/...
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Here's another interesting peculiarity: By Connexion journalist Buying a property at auction in France means following different rules to an ordinary purchase – including making your bid before a candle goes out. Almost all property auctions follow an ancient tradition of taking place before a large lit candle and two smaller candles, which burn for 30 seconds, then go out in a puff of smoke. The auction starts when the large candle is lit and bids are taken. When there are no more bids, one of the small candles is lit. If no one speaks while it burns out, a second small candle is lit. If no one speaks before that one goes out, the bid stands. If someone makes a higher bid while the candle is lit, the auction returns to the hall. A spokesman for the Conseil supérieur du notariat said: “It is an ancient tradition and, quite frankly, we like doing it like that. There is a sense of drama that is created.” The candle auction system was formally introduced in 1794, but is thought to be much older and was used in Burgundy when it was a dukedom, separate from France.
| AllegroTrans United Kingdom Local time: 19:58 Specializes in field Native speaker of: English PRO pts in category: 1355
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Asker: Super, thanks! I was hoping you might be out there.
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