Tennessee Complaint regarding Auction Collection
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How to fill out Complaint Regarding Auction Collection?
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FAQ
Reserve auctions The seller reserves the right to accept or reject the highest bid received for that particular property. If the highest bid does not match the reserve price, the seller may refuse to auction it off. Usually, a time frame is given to come up with a decision.
If you use the on-line complaint form, please mail in a copy of any appraisal or other supporting documentation you may have. You may also e-mail that information to RealEstate.Appraisers@tn.gov. Upon receiving your complaint form, we will send a copy to the respondent asking for his/her response within 14 days.
An auction selling process is different from a traditional method. Instead of showing the property to interested parties and waiting for them to make an offer, an auction introduces a commercial building or plot of land to a group of prospective buyers all at once.
One of the most common complaints filed against real estate agents revolves around the concept of breach of duty. In this blog, we'll delve into what breach of duty entails, provide examples of actions that could lead to such breaches, and emphasize the potential legal ramifications agents may face.
Reserve auctions The seller reserves the right to accept or reject the highest bid received for that particular property. If the highest bid does not match the reserve price, the seller may refuse to auction it off. Usually, a time frame is given to come up with a decision.
To file a complaint online: Access the online complaint form. Fill in the requested information and submit the complaint. Please allow several days for processing. You will be notified when your complaint is assigned to a consumer specialist and sent to the business.
If you are worried that your complaint was not received, you may email consumer.affairs@ag.tn.gov or call 615-741-4737 and our staff will be glad to check for you. Once processed, you will receive a notice from a consumer specialist letting you know that your complaint is being sent to the business.
Priority will be given to any complaint filed with the Tennessee Real Estate Commission that alleges Embezzlement, Fraud, Theft, Murder, or Physical Assault by any licensee.
You can auction off your own personal items if you bought them with no intent of resale. There is no regulation on the amount an auctioneer can charge a consumer. You must have your auctioneer license for at least one year before you can sponsor an apprentice.