Are internet Auction bids legally binding?
This is a discussion on Are internet Auction bids legally binding? within the Other Real Estate Law Matters forum, part of the REAL ESTATE & PROPERTY LAW category; I need to find out whether internet Auction bids for real estate are legally binding. My brother needs to get ...
![]() |
|
|
Thread Tools | Search this Thread | Rate Thread | Display Modes |
|
|
#1 |
|
Guest
Posts: n/a
|
Are internet Auction bids legally binding?
I need to find out whether internet Auction bids for real estate are legally binding. My brother needs to get out of a bid that he won on an internet auction because the deal seems too good to be true. The seller is however threatening to take legal action against my brother for backing out. Is this a legally binding contract even though nothing has been signed or even seen or is the seller just bluffing in order to scare my brother into sending him money?
|
|
|
|
#2 |
|
Veteran Member
Join Date: Mar 2007
Posts: 450
|
Technically it is binding but frankly it is hard to enforce. And the seller has to re-sell before he can claim any damages,
World Law's lawyers could also probably intervene and help resolve this if need be. You may email them on the home page. |
|
|
|
![]() |
| Bookmark & Share |
| Tags |
| None |
This thread has 1 reply and has been viewed 375 times
| Thread Tools | Search this Thread |
| Display Modes | Rate This Thread |
|
|
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Travel Agency refund promise - is it legally binding? | Unregistered | Consumer Complaints | 2 | Jul 24th, 2009 11:24 AM |
| Accepting Bids for a Non Profit Organization | Dana | Business Contracts & Partnerships | 0 | Mar 16th, 2009 07:18 PM |
| Mall takes bids on Mao's jet | FT_news | China News | 0 | Oct 3rd, 2008 02:40 PM |
| Avoid Internet Auction Fraud With These Tips | genetrix | Money Frauds and Scams | 0 | Aug 17th, 2008 04:52 PM |
| define binding and non-binding of technique ADR (alternative dispute resolution) with | Unregistered | Civil Litigation | 0 | Aug 1st, 2008 12:04 PM |
Criminal law issues? Contact leading defense lawyers now! Free immediate consultation!
All times are GMT -5. The time now is 07:19 AM.



Are internet Auction bids legally binding?






Linear Mode

