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The auctioning of third-party movable property, third-party land or third-party rights is subject to authorization. Movable property also includes fruit on the stalk and wood on the trunk.
The auctioneer is generally subject to certain prohibitions, e.g. he may not bid for himself or through another person at his auctions or purchase auctioned goods entrusted to him or auction movables from the range of goods that he carries in his commercial business, unless this is customary.
Furthermore, the auctioneer is subject to the requirements of the Auctioneers Ordinance (VerstV) when practicing his trade, e.g. he must
In the case of partnerships, each managing partner is a trader; in the case of legal entities, permission is granted to the legal entity.
Particularly competent auctioneers, with the exception of legal entities, can be publicly appointed by the competent authority (see "Related topics").
The authorities have rights of information and inspection vis-à-vis traders. At the request of the authorities, the parties concerned must provide the information required to monitor business operations. Furthermore, the authorities are authorized to enter the business premises in order to carry out inspections and visits.
In addition to obtaining a permit, the business must be registered with the responsible municipality.
Permit requirements are reliability and orderly financial circumstances of the trader.
The applicant's reliability is checked on the basis of a certificate of good conduct for authorities and information from the central trade register.
The applicant's orderly financial circumstances are determined on the basis of information on entries in the register kept by the insolvency court or the enforcement court.
Permit: 50 to 1,000 euros in accordance with the Schedule of Costs under the Costs Act (Tariff No. 5.III.5/13.1)
If you give up or relocate your business, you must report this.
If you wish to conduct public auctions (forced pledge sales or distress sales), you must be publicly appointed by the competent authority.