Conditions of sale

In all cases of the sale of lands or houses under this Act, the following shall be the conditions of salesale. (a) the purchaser buys at his own risk as to the provisions of the law necessary to authorise the sale having been complied with; 60 (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 (e) if any dispute arises as to any bidding, the property may again be put up for sale; (f) the reserve price will be the amount of the tax, costs, and charges; (g) the advance on the bidding may be declared by the Chief Collector or officer conducting the sale on putting up the specific lot; (h) no bid shall be retracted without the consent of the Chief Collector or the said officer; (i) immediately after the sale, the purchaser shall pay to the Chief Collector, or to the officer who conducts the sale, a deposit of one-fourth of his bid, and the balance within seven days thereafter; (j) in default of payment of the deposit, the property shall be offered for sale immediately and any subsequent bid by the person who has made default as aforesaid, shall be ignored or refused; 61 (k) if the purchaser fails to complete his purchase within seven days, the deposit shall be forfeited, and the property shall be re-offered for sale, when any deficiency on 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 lanes, tenements and hereditaments will only be executed on the prescribed form; (m) conveyances will 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.