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Real Estate Glossary
Welcome to our online Real Estate glossary. To search for a term,
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Auction With Reserve:
An auction in which the seller or his agent reserves the right to accept or decline any and all bids. A minimum acceptable price may or may not be disclosed and the seller reserves the right to accept or decline any bid within a specified time.
As defined by National Auctioneers Association
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See Also:
» Reserve Auction
The definition for Auction With Reserve and
this glossary as a whole are presented to you as a courtesy of ForeclosuresMass.
For other terms, explinations, definitions and descriptions, please
visit our Glossary page.
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