Europ Auction - Paris France - +33 (0) 1 42 46 43 94 - firstname.lastname@example.org
|Sale by Private Treaty
Since the law passed on the 20 July 2011, the objects which are entrusted to us with a view to be sold at public auction, can equally be the object of a transaction by private treaty.
In fact, the new legislative text allows objects which have not found a buyer at auction sale, to continue to be put up for sale without a time limit.
However the law equally allows for them to be given over to private treaty before their transferal to auction.
Ref : new articles L 321-5 paragraph III, and L 321-9 of the Commercial Code, amended by the law passed on the 20 July 2011.