Massachusetts General Laws ch. 235 sec. 41 – Failure of highest bidder to purchase; re-sale
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Section 41. If the highest bidder for an article at such sale refuses to take and pay for it, the officer shall sell it again by auction, at the same time or within ten days thereafter, giving notice of the second sale; and he shall account for what he receives on the second sale, and for any damages recovered of the first bidder for a loss on the re-sale, as for so much received on the execution.
Terms Used In Massachusetts General Laws ch. 235 sec. 41
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.