For Georgia auctions who want to do business in Georgia, it’s essential to know the state’s auction law. State laws regulate the licensing of auctioneers and require them to complete continuing education. The state’s Department of Administrative Services lists the qualifications for obtaining a license to conduct auctions. The requirements include a high school diploma, completing an approved auctioneer course and passing an exam.
In addition, the Department of Administrative Services provides information about how surplus government property is redistributed or sold. Eligible organizations, or donees, can apply to receive certain types of property such as furniture, vehicles and computers. These organizations must be registered with the Department of Administrative Services and have tax-exempt status. The program also allows small businesses to apply for equipment loans.
Georgia’s Auction Extravaganza: Discovering Treasures in the Peach State
Investing in Georgia’s tax defaulted property auctions can be lucrative, but it takes careful research to understand the process. Each county has its own rules and regulations for conducting these auctions. Georgia law requires that tax defaulted property be advertised in local newspapers for four weeks. The tax collecting departments for each county, city and school district may hold separate auctions.
For those who enjoy hosting events, a Georgia auction can be a spectacular affair. Whether the event is a charity fundraiser or an art auction, it can attract big crowds. Getting the right technical equipment can be vital to an event’s success. MAGNUM offers equipment rental, event production and systems installation to help your event run smoothly.