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What is a high bidder acknowledgement form?

Acknowledgement form high
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What is a high bidder acknowledgement form?

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After a high bidder has been declared by the auctioneer, they will be asked to sign a high bidder acknowledgement form which will state which property they purchased and what their high bid was. The high bidder and the high bidder acknowledgement form will then be taken to the closing area to fill out the contract.

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