Timeline for Auction of mortgaged properties during bankruptcy
Current License: CC BY-SA 4.0
9 events
| when toggle format | what | by | license | comment | |
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| S Aug 26, 2020 at 13:16 | history | edited | BradC | CC BY-SA 4.0 |
Regarding the suggested edit: the second quote DOES say explicitly that "the owner may sell this mortgaged property to another player at any agreed price". So I rejected the edit and fixed a typo.
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| Aug 26, 2020 at 12:46 | review | Suggested edits | |||
| S Aug 26, 2020 at 13:16 | |||||
| May 22, 2020 at 13:25 | comment | added | BradC | @RishabhBaid ¯\_(ツ)_/¯ You're entitled to make your house rules whatever you want, I just don't think there is any inherent connection between your existing "we auction property instead of selling/trading directly" house rule and your (proposed in this question) "you also can't auction mortgaged property in the moment when you need it most" rule. | |
| May 22, 2020 at 3:42 | comment | added | Rishabh Baid | @BradC the key words I am stressing on are ‘mortgaged’ ‘auction’ and ‘bankrupt’. Like in real life I want to understand - I mortgaged my property - bank gave me loan - in the event of default - bank auctions my property- and generates revenue. Now when I have defaulted can I ask the bank give me sometime - “I will auction this property and after repaying you will keep the remaining profit”. I believe there is a conflict of interest between me and the bank if I officially hold an auction of mortgaged properties when I am bankrupt (I have nothing else except the mortgaged property) | |
| May 20, 2020 at 21:32 | comment | added | BradC | @RishabhBaid That's not much different as under normal rules - he could make a quick side deal to sell a property to a different player to pay his debt, or he can make a deal with you to include property as part of the payment. Either way you get your money, and he's down a property. If you prevent him from auctioning a property to raise money in that moment is a fine house rule, but it is a pretty big change. | |
| May 20, 2020 at 13:52 | comment | added | Rishabh Baid | Doesn’t allowing auction of mortgaged property during bankruptcy stretches the game to be extremely long. When this bankrupt guy holds an auction -1. If I take part in the auction I end up either paying my own rent or more than my own rent. 2. If I don’t take part in the auction and if 3rd party gets the property for say 1$ it’s always a lose lose for me. So it’s kind of like my bad luck that the player lands on my property | |
| May 19, 2020 at 19:25 | comment | added | GendoIkari | I agree with this.. the house rule seems to pretty much just place a restriction on how a sale/trade is to be negotiated. It would be a separate though related house rule to also place a restriction on what items can be sold/traded. | |
| May 19, 2020 at 15:23 | history | edited | BradC | CC BY-SA 4.0 |
Added official rules quotes
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| May 19, 2020 at 14:01 | history | answered | BradC | CC BY-SA 4.0 |