26/11/2013
What are the duties of a licensed auctioneer?
A licensed auctioneer is authorized under the Auctioneers Act to undertake the following duties:
To levy Distress for rent against defaulting tenants pursuant to the provisions of the Distress for Rent Act Cap 293 laws of Kenya.
To attach for sale any movable or immovable property pursuant to a court order made pursuant to any written law or contract.
To repossess property pursuant to any written law or contract.
To carry out evictions pursuant to a Court order.
To realize charged security
To offer for sale any movable or immovable property through public auction or any other mode of sale by competition.
It is a an offence punishable under the Auctioneers Act and the Penal Code for anyone to undertake the above duties in Kenya without a valid Auctioneer’s license issued by the Kenya Auctioneers Licensing Board. Only licensed auctioneers are authorized under the law to undertake these tasks. You should always ask to see the identification badge and the current practicing license of the auctioneer you intend to engage and if in any doubt, please always contact the Auctioneer Licensing Board based at Milimani Commercial Courts Nairobi or the Auctioneers Association.
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