1. The sale shall be conducted by public auction under the supervision of the Execution Judge with the Execution Bailiff acting as auctioneer, and the price must be paid forthwith. The Execution Judge may give the auction winner a period not exceeding (5) five days to pay. The Execution Bailiff shall not commence the sale until after conducting an inventory of the items attached and the condition thereof is noted in the minutes of sale. They shall note in it all of the sale procedures and any objections or obstacles they have encountered and the steps they have taken in that regard. They shall also note the presence of the Judgment Creditor and the Judgment Debtor or their absence and their signature if present or their refusal to sign. 2. The Execution Bailiff shall note in the minutes the names of the bidders and the domicile and place of work or e-mail address of each of them, as the case may be, as well as the prices offered by them, and their signatures. The minutes shall include in particular a statement of the price at which the auction was awarded and the name of the person to whom it was awarded, as well as the Successful Bidder's domicile and place of address and signature. 3. It shall be sufficient announcement of the continuation or postponement of the sale that the Execution Bailiff so states openly and so records in the minutes of sale. 4. The remote communication technology stipulated in the law may be used in any of the auction sale procedures mentioned in this Article and in Articles [276] to [278] of this Code.
Interpretation and application must be checked against the official text and current version.