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Real property sales: auctions.

It became law on Sep 30, 2014.

CA AB 2039 · Assembly Bill · 2013–2014

Stage
Became law
Started in
Assembly
Sponsor
1
Latest action
Sep 30, 2014

What it does

Existing law regulates the activities of auctioneers and auction companies and prohibits, with a certain exception, a person from causing or allowing any person to bid at a sale for the sole purpose of increasing the bid on any item or items being sold by the auctioneer. Existing law defines an auction in this regard and excepts from this definition a sale of real estate. A violation of these provisions is a misdemeanor generally punishable by a fine of up to $1,000, or by imprisonment for not more than a year, unless another penalty is specified.

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Sep 30, 2014

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

Once a bill is decided, the questions are about what is done with it in California.

Work with this bill

Real property sales: auctions. | 52