land auction

Parcel bidding event

A land auction is a public sale where parcels of real estate are sold to the highest bidder.

Government agencies auction land for development, tax recovery, or to transfer public holdings to private ownership.

Private sellers use auctions to sell farms, ranches, or commercial property quickly: The family farm went up for land auction after the estate was settled.

Related

real estate · property rights · acreage · parcel · estate · reserve · lot · bidder · highest bidder · farmland · deed · sale · hammer · paddle · buyer · tract · survey · title

Categories
Opposites
sales method

land auctionprivate sale

Transaction without public offering

sealed bid · handshake deal

transaction direction

land auctionland purchase

Buying terrain or lots

land acquisition · property acquisition

land status

land auctionland conservation

Protecting terrain from exploitation

land preservation · land seizure · land banking · land trust · eminent domain

Family

land, auction, lands, landed, landing, landless, landlord, landlady, landscape

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G