onder gunning
English translation: subject to acceptance [by the seller]
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| 11:13 Mar 27, 2017 |
| Dutch to English translations [Non-PRO] Law/Patents - Business/Commerce (general) / auctions | |||||||
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|  Selected response from: Michael Beijer United Kingdom Local time: 16:13 | ||||||
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| 4 +1 | subject to acceptance [by the seller] |
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| 4 | with reserve / conditionally sold / under contingency |
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| Discussion entries: 2 | |
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Answers
1 day 12 hrs confidence: 
with reserve / conditionally sold / under contingency Explanation: "onder gunning staan" implies that the item is with reserve or is conditionally sold. "With reserve" means the seller retains the right to accept/decline bids before money exchanges hands... for whatever reason. The most common reason is the price; hence, the commonly used eBay term "reserve price". All auctions with reserve are subject to confirmation, as there is no requirement for the "reservations" to be disclosed. The reserves can be anything from a minimum price to the knowledge that the high bidder intends to use the land/property/item for a desirable purpose. If it involves animals, sometimes there can be conditions on the type of home environment or care you are capable of offering the animal. In these cases, the seller can nullify someone else's bid and/or withdraw the item from being sold simply by bidding themselves on the item or outbidding other buyers... as they do on Queen Sugar. Other forms of reserve can be in the form of making the sale conditional or setting contingencies (e.g. a "contingency auction" or a "contingency award" such as a scholarship that is contingent upon you passing an entrance exam to a university, or "contingency fees" that are only paid to an attorney if you win a case). So, I'd say the land is under contingency, conditionally sold, or [auctioned] with reserve. Source: I watch too much Queen Sugar... Suggested reading: https://mikebrandlyauctioneer.wordpress.com/2009/11/15/diffe... http://www.auctioneers.org/consumers/auction-glossary https://www.superbrokers.ca/library/glossary/terms/condition... https://www.superbrokers.ca/library/glossary/terms/contingen... http://buildingadvisor.com/buying-land/making-an-offer/makin... |
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49 mins confidence: peer agreement (net): +1
peer agreement (net): +1| onder gunning; onder voorbehoud van gunning subject to acceptance [by the seller] Explanation: I think "onder gunning" here is synonymous with "onder voorbehoud van gunning", in which case I think it could be translated as " subject to acceptance (by the seller)", as per JurLex/OGL, e.g. see e.g.: "All bids are subject to acceptance by the seller. Winning bidders will be notified about the pick-up procedure after full payment. " (http://www.go-dove.com/en/events?cmd=details&event=651040& ) -------------------------------------------------- Note added at 2 days35 mins (2017-03-29 11:49:15 GMT) -------------------------------------------------- “Subject to” Acceptance When a property is sold “subject to,” it means the property is being sold “subject to” the seller’s approval. Sellers set a Reserve Price, which is the minimum amount they will accept. Sometimes the highest bid is still below the Reserve Price. When this happens, the sale is “subject to” the seller’s acceptance. (https://www.auction.com/lp/how-do-online-property-auctions-w... ) |
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Reference comments
37 mins peer agreement (net): +1 |
| Reference: refs Reference information: Onrorend Goed Lexicon: gunnen: (bij aanbesteding) to award, to accept a tender, to allot (op veiling) to allot, to assign gunning: (bij aanbesteding) award(ing), acceptance of a tender, allotment (op veiling) allotment, assignment -------------------------------------------------- Note added at 39 mins (2017-03-27 11:53:22 GMT) -------------------------------------------------- (Onrorend Goed Lexicon > Onroerend Goed Lexicon) -------------------------------------------------- Note added at 45 mins (2017-03-27 11:58:50 GMT) -------------------------------------------------- "Artikel 10; Totstandkoming Koopovereenkomst 10.1 De Koopovereenkomst komt tot stand als gevolg van Toewijzing, onverminderd het bepaalde in artikel 7:2 Burgerlijk Wetboek. Indien een Veiling plaatsvindt in opdracht van een Curator komt de Koopovereenkomst tot stand onder de ontbindende voorwaarde dat de toestemming van de Rechter-Commissaris wordt onthouden voor het sluiten van de Koopovereenkomst . Deelname aan een Veiling betekent voor een Bieder niet dat een Kavel zonder meer aan hem wordt verkocht. Ook indien op de Veilingwebsite staat aangegeven dat een Veiling plaatsvindt onder gunning, hoeft een hoogste Bod niet te leiden tot een Koopovereenkomst." (https://www.bva-auctions.com/static/terms/juni2014/Algemene ... ) -------------------------------------------------- Note added at 51 mins (2017-03-27 12:05:16 GMT) -------------------------------------------------- "6. CONDUCT OF SALES AND FORMATION OF CONTRACTS Formation of Contract 6.1 Bids constitute only an offer to buy a Lot from the Vendor subject to these terms and conditions and any applicable Special Conditions. All Bids are strictly subject to acceptance by Us and if We accept Your Bid on behalf of the Vendor We will confirm such acceptance to You by issuing an invoice to you. For a Lot of Heritable Property, see clause 6.3." (https://www.sweeney-kincaid.com/TermsAndConditions.aspx ) |
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