| Commentary

6 Authority to sell

| Commentary

6 Authority to sell

An auctioneer is generally constituted as the seller’s agent1, albeit with limitations on the scope of that agency: in general, the auctioneer has no authority to conclude a contract of sale on the seller’s behalf by private treaty2, but it is generally contemplated that he will forward to the seller any offer received before auction. The auctioneer’s instructions may be revoked by the seller and the auctioneer’s authority to sell cancelled at any time before the fall of the hammer except where the authority is coupled with an interest in the sale,

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to LexisLibrary or register for a free trial