The results of the auction conducted by electronic means will be automatically clarified in the electronic auction environment.
Communication of the results
The results of a public auction conducted by electronic means will be recorded in the report of the auction. The winner of the public auction conducted by electronic means is the participant who makes the highest offer.
The report is available to participants in the auction environment at www.maaamet.ee/maaoksjon immediately after the winner of the auction has been clarified. The report is available only to the participants who submitted offers.
If, upon conducting the auction, the organiser of the sale has been notified of technical failures that occur during submission of offers, the committee for conducting the auction will examine submitted complaints, and inspect log entries of the auction environment and other relevant circumstances. The committee will also verify the existence of the right to representation of the persons who submit offers in the name of other persons.
In the case the committee amends the report, the participants will receive the amended report of the committee by the contact address indicated in the participation application.
Where this is justified, the committee will amend the results of the auction published in the auction environment and/or declare the auction a failure and propose to the administrator of the state assets to refuse to approve the results of the auction if the committee establishes that:
APPROVAL OF THE RESULTS OF AN AUCTION
The Minister of Environment decides to approve or refuse to approve (including to declare the auction a failure) the results of an auction within 20 business days following communication of the results of the auction. The decision approving the results of a public auction sets out the name of the winner of the auction and the amount bid by the winner. If the amount of the security deposit in the auction was set at least at five percent of the starting price for the offers, the decision also sets out the name of the person who made the second best offer, and the amount bid by that person. The decision approving the results will be sent to persons whose rights it concerns, i. e. winner of the auction, person who made the second best offer and entitled persons in whose favour the results are approved (adjacent neighbour, person using the immovable property under a contract). The decision will be sent to the contact address indicated by the participant in the auction environment as the address for sending documents. The conclusion of the decision will be published on the web site of the organiser of the auction (the Land Board) – it is available in section Public auctions under the title See past auctions.
Refusal to approve the results
The auction is declared a failure and the results will not be approved if:
In addition, the results of a public auction will not be approved if:
When approval of the results of an auction is refused, the reasons for the refusal are to be set out in writing. In the case the approval of the results is refused, the sales contract will not be concluded.