43 CFR § 30.174
What happens if the successful bidder does not pay within 30 days?
June 11, 2020
CFR

(a) If the successful bidder fails to pay the full amount of the bid within 30 days, the sale will be canceled and the interest in the trust or restricted property will be distributed as determined by the judge.

(b) The time for payment may not be extended.

(c) Any partial payment received from the successful bidder will be returned.


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