Auction FAQ

Who can participate?

Individuals and legal entities, subject to applicable legislation and the requirements of the specific lot.

What is a lot?

A separate unit of an asset or right offered for electronic auction.

How can I find a rental lot?

By lot number, region, property type, address, auction date and other available filters. The lot number is usually the most precise search method.

Should I apply immediately after finding a lot?

No. First review the property, price, deposit, lease term, permitted use, costs and all special conditions.

What is the deposit?

A security amount required for participation in certain auctions. Its amount is determined separately for each lot.

Does paying the deposit automatically make me a participant?

Not necessarily. The application procedure must also be completed and its status checked.

When does the auction start?

At the exact date and time shown on the specific lot page.

How are bids submitted?

Through the personal account according to the auction mechanism and applicable bidding step.

Can an incorrect bid be cancelled?

The amount should be checked carefully before confirmation; rules may restrict withdrawal of confirmed bids.

What if my internet connection fails?

A problem with the participant’s own device or internet connection may not qualify as a platform technical interruption.

Who is the winner?

It depends on the auction type; in a standard ascending auction, the highest confirmed bid generally determines the winner.

What happens after winning?

Obtain and verify the protocol, make required payments, execute the lease agreement and acceptance certificate, and comply with all contractual obligations.

Can I use the leased premises for any business activity?

No. Use must correspond to the activity and conditions stated in the auction protocol and lease agreement.

Is an electronic signature required?

This depends on the auction type and specific lot requirements; some procedures require an electronic signature.

Can I participate in another lot if I lose?

Generally yes, provided the requirements of the other lot are met. Applications, deposits and auction dates may be separate.

FINAL TEN-POINT CHECKLIST FOR TENANTS

·         ☐ Lot number

·         ☐ Property address

·         ☐ Property area

·         ☐ Lease term

·         ☐ Starting price

·         ☐ Deposit amount

·         ☐ Auction step

·         ☐ Permitted use

·         ☐ Utilities and other costs

·         ☐ Special conditions

·         ☐ Auction date and application deadline