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Property purchase

Public sale

Public auction of a property organized by a notary, open to all bidders.

Full definition

A public sale is a real estate auction organized by a notary. In Belgium, it can be voluntary (owner's decision) or forced (judicial seizure). Auctions are traditionally held in person but increasingly online via platforms like Biddit. The adjudication is immediately final and without conditions precedent. The buyer typically has 6 weeks to pay the price and fees. Registration rights apply normally. A potential advantage: the price may be below market value, especially for forced sales. Note: no cooling-off period is possible.

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Public auction of a property organized by a notary, open to all bidders.