1765. If the buyer fails to pay the price in accordance with the conditions of the sale, the auctioneer may, in addition to the ordinary remedies of a seller, resell the property for false bidding, according to usage and after sufficient notice.
A false bidder may not bid again at the resale. He is bound to pay the difference between the price at which the property was sold to him and the resale price, if lesser, but is not entitled to claim any excess amount. He is also, in the case of a forced sale, liable to the seller, the person from whom the property was seized and the creditors having obtained the judgment, for all interest, costs and damages arising from his default.
1991, c. 64, a. 1765; I.N. 2014-05-01.