Legal analysis: judicial auction of real estate requirements announcement of the publicity period of fifteen days, that is, the auction announcement to be in the auction fifteen days before the newspaper. Non-judicial auction requirements are seven days.
Legal basis: "The Supreme People's Court on the people's courts in the civil execution of the auction, the provisions of the sale of property" Article IV of the property to be auctioned, the people's court shall entrust the appropriate qualifications of the appraisal institution for price assessment. For the property value is low or the price is easy to determine in accordance with the usual methods, may not be assessed.
The people's court shall grant permission to the parties and other enforcement creditors who apply for the appraisal not to be carried out.
When the appraisal of the executor's equity, the people's court may order the enterprise concerned to provide accounting statements and other information off the enterprise's refusal to provide, it can be forced to extract.