Notice in real estate refers to the official communication of a legal action or one’s intent to take an action. It serves to inform individuals or parties of important legal actions or changes regarding property and tenancy.
A public auction is a sale in which property or merchandise is sold via a competitive bidding process that is open to the general public. It is often used in real estate to expedite the selling process, especially in cases of foreclosure or hardware sales.
A public sale refers to an auction sale of property with notice to the general public, usually carried out after foreclosure or other legal proceedings.
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