land auctions
Bidding for acreage
Land auctions are public sales where parcels of real estate are sold to the highest bidder.
Governments use them to dispose of public lands or collect unpaid property taxes; private sellers use them to move property quickly.
The format creates competitive bidding that can drive prices above or below market value depending on attendance and interest: The ranch sold at land auction for twice its assessed value.
- biddingOffering prices or obeying
- going onceAuctioneer's initial announcement
- highest bidderWinner at auction
- propertySomething owned or inherent
- acreageAmount of land owned
gavel · parcels · estate · farmland · lots · reserve · deed · clear title · foreclosure · tax sale · appraisal · fair market value · tract · surveyor · ranches · timber · winning · paddle
land auctionsland conservation
Protecting terrain from exploitation
land preservation · land banking · land trusts · land stewardship
land, lands, landed, landing, landings, lander, landlord, landlady, landless