Conditions of sale

—(1) In all cases of the sale of real property under this Act, the following shall be the conditions of salesale. (a) the purchaser buys at the purchaser’s own risk as to the provisions of the law necessary to authorize the sale having been complied with; (b) a person who intends to purchase shall be allowed access to all documents which show that such provisions have been complied with; (c) the purchaser shall not require any proof, beyond the assessment record and the praecipe with the list of defaulters’ notices with service, of the identity of the contents, dimensions, or other particulars of the property offered for sale with that advertised; (d) the highest bidder for each lot may be the purchaser; 70 CAP. 51 Tax Administration and Procedure (e) if any dispute arises as to any bidding, the property may again be put up for sale; (f) the reserve prices shall be the amount of the tax, costs, and charges, unless the Director General authorizes a lower price; (g) the advance on the bidding may be declared by the Director General or authorised person conducting the sale on putting up the specific lot; (h) no bid may be retracted without the consent of the Director General or the said authorised (i) immediately after the sale, the purchaser shall pay to the Director General, or to the authorized person who conducts the sale, a deposit of one-fourth of the bid and the balance shall be payable within seven days; (j) in default of payment of the deposit, the property shall be re-offered for sale immediately and any subsequent bid by the person who has made default as aforesaid shall be ignored or refused; (k) if the purchaser fails to complete the purchase within seven days, the deposit shall be forfeited and the property shall be re-offered for sale, and any deficiency between the sale price and the first bid may be recovered from the first bidder as a debt; (l) except in special cases to which the Minister may give his sanction, conveyances for lands, tenements, and hereditaments will only be executed on the prescribed form; or Tax Administration and Procedure CAP. 51 71 (m) conveyances shall not be executed until one month has elapsed from the date of sale, and during this period the right is reserved for the Minister to cancel the sale.