Legal Analysis of The Auction Process and Contracts Concluded with The Winner
Keywords:
Auction Sales, Auction, Tender, Privatization, Land Plot, State-Owned Share, Agricultural Land, International ExperienceAbstract
Auction trading is one of the important tools for realizing property, goods, services, and rights in a market economy. Through auctions, various assets such as state property, land plots, vehicles, and intellectual property objects are sold in an open, competitive, and transparent environment. Contracts concluded with the winner upon completion of the auction are of key importance as the main final stage of these legal relationships. This article provides a comprehensive analysis of the legal foundations of auction trading, the procedures for conducting auctions, as well as the specific legal aspects of contracts concluded with auction winners. Additionally, the article presents analytical conclusions and proposals based on problems encountered in practice, legal disputes, and foreign experience.
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