Auctions & Sales

Absolute Auction

Short Definition

Auction selling property to highest bid without reserve price, encouraging bidding, common in property liquidation.

In Other Languages

Arabic
المزاد المطلق

مزاد يبيع فيه العقار لأعلى عرض دون سعر احتياطي، يحفز المزايدة، شائع في تصفية العقارات.

English
Absolute Auction

Auction selling property to highest bid without reserve price, encouraging bidding, common in property liquidation.

Turkish
Mutlak Müzayede

Mülkü çekince fiyatı olmadan en yüksek teklife satan müzayede; teklif vermeyi teşvik eder, mülk tasfiyesinde yaygındır.

Related Terms

Amlaki

About Amlaki

Amlaki is an integrated Saudi real estate management system, supporting agencies and owners in managing rentals, maintenance, and reports with high efficiency, fully compliant with the Ejar platform and Kingdom regulations.

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