3 ms·
Does the investor have a right to bid higher in that case?
by ikeboy 9y ago
Does the investor have a right to bid higher in that case?
- detaro 9y agoIf I understand it correctly, the district takes over at the price the investor signed a contract for. So no, they can't outbid the district afterwards, they only can put a higher bid initially, which they'll have to pay if the district doesn't make use of their interception right.