A bid to improve

Auterac, Richard; Redman, Nicholas
October 2009
EG: Estates Gazette;10/3/2009, Issue 939, p102
Trade Publication
The article analyses the provisions of the third edition of the common auction conditions (CAC) published by the Royal Institution of Chartered Surveyors (RICS). New features were introduced by the CAC to simplify the process of buying or selling a property at auction in Great Britain. A review group was involved by the RICS led by Paul Clark of Cripps Harries. A clarification of the issue of guide price is contained in the third edition.


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