If the person to whom the sale on auction has been awarded does not forthwith pay the price, the Judge may give them a period of (5) five days to pay, and after the aforementioned period expires and they fail to pay the price, the item shall be resold on their responsibility in the foregoing manner at any price, and they shall be liable for the shortfall in the price as well as the expenses and resale fees. The sale minute shall be deemed to be an Execution Writ for the difference in price so far as they are concerned. They shall not be entitled to the advantage of any increase in the price; the person entitled to that will be the Debtor and their Creditors. The Execution Bailiff shall be liable for the price if they do not get it in forthwith from the purchaser and do not proceed to resell upon their responsibility. The minute of sale shall be deemed to be an Execution Writ with regard to them.
Interpretation and application must be checked against the official text and current version.