Private Asset Auctions

Dates of Upcoming Auctions
Because these auctions result from the execution of court orders, they are scheduled only when the Sheriff receives such orders. Sales typically occur once a month. Auction dates are advertised in New York City newspapers and are posted in the county Sheriff's and Clerk's offices.

November 19, 2008
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Terms of Sale

Sale of Real Property (houses, condominiums, commercial properties, not including cooperative apartments)

1. At the time that an item is sold at auction, the successful bidder must pay at least 10 percent of the bid price (but not less than $2,000). Cash, money orders, and certified checks will be accepted for payment. A memorandum of sale will be immediately issued.
2. If partial payment was made at the time of the auction, the balance of the bid price must be paid in the same legal tender, no later than three business days after the auction.
3. In the event the successful bidder / purchaser fails to comply with the above conditions, the sale will be voided and rescheduled. Anyone attending the auction who wants to be notified if this occurs should write his or her name and address on the auction attendance sheet.
4. A successful bidder / purchaser that fails to comply with the terms of the sale may be liable in damages to the judgment creditor.
5. Taxes, if any, levied upon the sale, transfer or delivery must be paid by the purchaser.

Sale of Personal Property (all tangible goods, including cooperative apartments)

1. Sales are for cash only.
2. The Sheriff sells the right, title, and interest only.
3. The Sheriff reserves the right of approval on all bids.