LETTER - AGREEMENT WITH AN AUCTIONEER

Updated 9 July 2026

This template is a simple authorization letter used by a property owner to appoint an auctioneer to sA letter appointing an auctioneer to sell the writer's freehold dwelling-house by auction in India. It authorises the auctioneer to sell with or without special conditions at the best price obtainable, subject to a stated reserve, and to deduct an agreed percentage commission from the sale price covering all his charges and the costs of the auction. The auctioneer is entitled to nothing if he fails to complete the sale within the authorised period. The owner undertakes to concur in and execute the sale and convey the property to the purchaser, assures that the property is unencumbered and taxes are paid, and grants the authority for a fixed period, after which it lapses automatically without any letter of revocation. Title deeds and supporting documents are enclosed, and the auctioneer countersigns in confirmation.ell a real estate asset. It defines the minimum sale price, the commission structure, the duration of the authority, and the owner's obligation to complete the sale once a buyer is found.

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AGREEMENT WITH AN AUCTIONEER

(LETTER FORM)

To: ____________________, Auctioneer

Dear Sir,

I, the undersigned, hereby authorize you to sell by auction, with or without special conditions as you may consider most advantageous, and for the best price not being less than Rs. ____________/- (Rupees ____________________ only), my dwelling-house built on freehold land and situated at ____________________ (address and brief description, size, etc.).

In consideration of your procuring a customer and completing the sale of the said property, I authorise you to deduct from the sale price, by way of your remuneration or commission, ______% thereof, which amount shall cover your own charges for conducting the sale and all expenses and cost of the auction or sale. Should you fail to complete the sale of the said property within the time herein allowed, or such extended time as I may grant you in writing, you shall be entitled to no remuneration, commission or expenses.

I undertake that I shall concur in, execute and confirm the sale made by you, and do all such acts, deeds and things as may be requisite and proper for performing and completing the same, and effectually conveying in full and absolute ownership the said property to the purchaser, on receipt of the sale price together with the expenses of transfer, but less your commission of ______%.

And I also undertake not to repudiate or revoke this authority, which is being given for a period of ______ months from the date hereof; and after such period the said authority shall be deemed revoked, whether any letter of revocation is written or not.

I further assure you that the said property is neither encumbered nor charged with the payment of any loan, debt or tax, except such taxes as are usual; and that all taxes have been paid up to date and shall be paid till the date of sale.

I am also enclosing the Title deed and other documents ____________________ with this letter.

DATE: ____________

Yours faithfully,

Signature: ________________________

(Owner)

I confirm the above.

Signature: ________________________

(Auctioneer)

About this template

What is this template?

LETTER - AGREEMENT WITH AN AUCTIONEER is a free, ready-to-use Property template you can open, customize, and download on GitLaw. It gives you a professionally structured starting point, so you never have to draft from a blank page. The wording is plain and modern, organized into clear sections that are easy to read, edit, and adapt to your own situation before you share or sign it.

When should you use it?

Reach for this Property template whenever you need a reliable agreement quickly and want to be sure the essentials are covered. It suits individuals, freelancers, startups, and established businesses alike. Instead of paying for a document drafted from scratch, you can start here, tailor the details to your arrangement, and have a polished draft ready in minutes. This version is drafted with India in mind, though you should always review the final wording against the laws that apply to you.

What's typically included?

A well-drafted Property usually sets out the parties involved, the scope of the agreement, and each side's rights and responsibilities. Expect sections covering key terms and definitions, how long the agreement lasts, how it can be ended, and what happens if something goes wrong. This template brings those building blocks together in a sensible order, so you can focus on the specifics rather than worrying about what to include. Open it to read the full document, then sign up to edit, negotiate, and e-sign it directly in GitLaw.