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Glossary of Property Terms

what if none of the tenders are not high enough ?

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If i put my house up for sale by tender. Do I have to accept the highest tender even though it may be well below what I have in mind
asked 6 years ago by anonymous
related to an answer for: What does for sale by tender mean?

1 Answer

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It works as an auction, you can have a reserve price, if the offer is lower the reserve price you don't have to sell the property.
answered 6 years ago by lily (140 points)

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