Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.
A land auction is a type of property auction where tracts of land are sold to the highest bidder. In some cases, the land sales are the result of some sort of foreclosure action. At other times, the live auction may be part of the process of settling an estate. Land auctions can be structured to allow the general public to participate as well as by invitation only.
