auction

vargees amal raja (Querist) 26 November 2009 This query is : Resolved
what is "as is where is condition"?
Is there any decided cases challenging this condition or favoring the condition?

Is this condition valid?

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Srinath Kondapally (Expert) 26 November 2009
with regard to this auction process this condition is valid and must: this phrase describes the existed physical condition of thing/items/material, which is ment for auction.

vargees amal raja (Querist) 26 November 2009
is there any decided cases accepting this condition?

vargees amal raja (Querist) 26 November 2009
thank u sir
If they failed to add this condition in the advertisement of the auction, how can they claim?

Srinath Kondapally (Expert) 26 November 2009
No, but it is an established principle and a condition precedent for any auction

Srinath Kondapally (Expert) 26 November 2009
If anybody wants to participate in any auction proceeding, they will personally observe the material used for auction, after satisfying the condition of the same only such respective persons willparticipate in such auction, if not satisfied anybody will not to do the same

vargees amal raja (Querist) 26 November 2009
Obviously, According to the law the auctioneer must perform his part of contract unless otherwise he can not impose. In case, during the advertisement it is vacant but on the day of auction, it is occupied. In this situation how can the auctioneer impose this condition on the buyer?

Raj Kumar Makkad (Expert) 26 November 2009
There are various citations on this subject. This condition is absolutely correct.

vargees amal raja (Querist) 26 November 2009
Thank you raj kumar so. If possible can you list out some of them?

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