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Hummuli cutting rights

Description:

Clear cutting volume ca 370 cubic meter

Initial price 11 000 Euros. The price does not accrue VAT

Beginning of auction: 08.06.2015 10:00
End of auction:
10.06.2015 14:03
Special conditions:

If buyer refuses to allow an object standing timber cutting rights to the contract of sale is required to pay a fine of five (5) percent of the auction starting price 

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Initial price:
11 000 €
reserve price auction
Reserve price – The lowest price at which the Seller is obliged to sell the Object of Sale. The Reserve price is entered in euros, rounded to the nearest euro, with the amount concealed from Buyers. The maximum amount of the Reserve price may be twice the Starting Price. If the final bid made by the Highest Bidder is lower than the Reserve price, the Seller is not obliged to sell the Object of Sale. In such a case the Seller may make an offer to the Highest Bidder to purchase the Object of Sale for a price lower than the Reserve price.
Price interval: 100 €
Extended closing: 10 minutes
  Bids did not exceed Reserve