Must it be unsealed after the auction is sold?

Everyone will encounter difficulties in life, which is inevitable. If there is a debt situation and you need to auction your own property, the auctioneer is the court. What should I do after the judicial auction fails? According to the law, after the first judicial auction is aborted, a second auction should be organized within 60 days, and a total of three auctions can be held. If these three judicial auctions fail, the lot should be sold. After the failure of the first judicial auction, if the applicant and the person subjected to execution reach an agreement to sell the property to pay off the debts without harming the rights and interests of others, the court will allow it.

legal ground

Article 19 of the Provisions of the Supreme People's Court on Auction and Sale of Property in Civil Execution of People's Courts, if there is no bidder or the highest bid of the bidder is lower than the reserve price, if the application executor or other enforcement creditors present apply for or agree to accept the auction property at the reserve price determined by the auction, they shall pay off their debts.

If more than two executing creditors apply for auction of property to pay off debts, the creditor with the first legal repayment order will be given priority; If the repayment order is the same, the beneficiary shall be determined by drawing lots. If the amount of creditor's rights payable by the debtor is lower than the price of the collateral, the people's court shall order it to make up the difference within a time limit.