Oregon Statutes - Chapter 698 - Auctions - Section 698.635 - Definitions.

As used in ORS 698.640 and 698.650:

(1) “Auction” or “auction sale” means the sale of or offer to sell real or personal property by public outcry or to the highest bidders.

(2) “Auctioneer” means any person who sells or offers to sell property at auction, either on the person’s own behalf or for another person.

(3) “Auction mart” means any fixed or established place designed, intended or used for the conduct of auction sales where more than one sale has been held in any one calendar year. [1983 c.404 §1]

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Last modified: August 7, 2008