After a Property Auction

  • You will be asked to complete Contract For Sale sheet, give a deposit & provide identification.
  • The name of the purchaser provided at this stage will appear on the legal contract & cannot be changed unless the vendor consents to the change. If you are bidding on behalf of someone else we will require their details.
  • You will give us a deposit bank draft (usually 10% of the guide price/reserve price). Bank drafts are to be made payable to DNG Flanagan Ford.  Bank drafts must be in Euro.
  • You must also provide us with photo & address identification.
  • Acceptable forms are: Photo ID – Current drivers licence or passport; Address ID – Recent bank statement or utility bill.

1. Exchange of Memoranda: In general, the sale should complete on the first working day after five weeks from the fall of the gavel, unless specified otherwise in the Special Conditions of the Sale. You will be given a copy of the completed Contract For Sale which will be signed on the day with the vendors solicitor.

Please note: Properties are not sold ‘subject to contract’, ‘subject to finance’, or ‘subject to survey’ when you buy at auction. They are sold unconditionally. If you are the successful bidder you are legally obliged to complete the sale.

2. Unsold Lots : If a lot you want to buy is not sold you should speak to a member of DNG Flanagan Ford staff to register your highest bid before leaving the auction room.


PSL Number: 003530