Issues Involved in Real Estate Auctions

Abstract

The aim of this thesis is to evaluate the auction issue with regard to property in the Czech Republic in terms of particular legislation, but also economic aspects. This theme I have chosen deliberately, because I had a bachelor's thesis on the topic The method of the extorting of the debts in the business legal relations and the success of its using in the practice. Public auction, which is the main chapter of this thesis is a key means of recovery. Legislation auctions is basically divided into two ways by which the auction is carried out, under a law on public auctions and by the Code of Civil Procedure. My task is to explain various aspects of all of the auctions, describe, evaluate their advantages, but also to point out shortcomings. The practical outcome is to analyze and evaluate selected voluntary and involuntary auction and also to consider the possibility of suggestions to improve the auction issue