3. What does legalization mean?
"After real estate auctions, notarial deeds are drawn up. For this, both your identity and your signature must be officially confirmed. That is why you must sign the registration statement in the presence of a civil-law notary. This is called legalization.
How does legalization work?
To participate in our online real estate auctions, you must first complete and sign a registration statement. This statement officially links your account, via your unique customer number on our website, to the person or organization named in the statement. You can find your customer number under My details or at the top of this page when you are logged in.
All bids placed with this account are made on behalf of that person or organization. That is why it is important that we know for certain who signed the registration statement. You only need to legalize the registration statement once for the account. Once it has been approved by our platform notary Hekkelman, your account remains legalized for future auctions.
The legalization of a bidder may include the following aspects:
- Identity check: the notary verifies that the bidder is who they claim to be. This is usually done by presenting a valid identification document, such as a passport or ID card. This prevents someone from bidding at the auction under a false name.
- Authorization check: if a bidder bids on behalf of a company or another person, the notary checks whether the bidder is authorized to do so. This may mean, for example, checking whether the bidder is authorized to act on behalf of the company, such as as a director.
- Legal requirements: the notary ensures that the bidder meets all legal requirements for participating in the auction. These may differ depending on the type of auction and the rules attached to it.
- Recording bidder details: the bidder’s details are officially recorded with our platform notary. This ensures transparency and provides legal certainty in the event of a dispute after the auction.
This legalization process is a way to safeguard the integrity of the bidding process and ensure that everyone participating in the auction acts legally and correctly.
Please note: legalization by the municipality is not valid. Only a civil-law notary can perform the identification and legalization for auction purposes.
Read more about the legalization process in the bidding protocol."