---
kind: "section"
citation: "26 C.F.R. § 403.57"
title: "26"
number: "403.57"
heading: "Conditions of sale."
url: "https://uscodex.org/cfr/26/403.57"
---

# §403.57. Conditions of sale.

- (a) **No recourse.** All personal property to be sold shall be offered for sale “as is” and without recourse against the United States.
- (b) **No guarantee.** No guarantee or warranty, expressed or implied, shall be given or understood in respect of any forfeited property offered for sale.
- (c) **No sale.**
  - (1) **The United States reserves the right to reject any bids.**
  - (2) In a case in which all bids are rejected the Commissioner or his delegate shall re-advertise the property for sale in the manner prescribed in [§ 403.55](/cfr/26/403.55.md).
- (d) **One bid.** When only one bid is received for a single unit of property such bid shall be the highest bid received for such property.

## Notes

### Amendments

[T.D. 7433, 41 FR 39312, Sept. 15, 1976, as amended by T.D. 7525, 42 FR 64344, Dec. 23, 1977]

### Authority

Authority: Sec. 7805, 68A Stat. 917; 26 U.S.C. 7805.

### Source

Source: T.D. 7433, 41 FR 39312, Sept. 15, 1976, unless otherwise noted.

### Amendments

[T.D. 7433, 41 FR 39312, Sept. 15, 1976, as amended by T.D. 7525, 42 FR 64344, Dec. 23, 1977]