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Welcome to the Tenant in Common Exchange
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A bid is a promise to purchase at the price you have offered. By placing a bid, you are stating that you have the ability and intention to purchase the share of ownership on offer for the amount of the bid if accepted by the owner.
Bidders may not engage in bidding with a purpose to manipulate (or attempt to manipulate) or otherwise adversely affect the perceived value of the property in the minds of those people registered to receive notification of the bid and you must not place a bid if you have no intention of purchasing the ownership share being offered.
If you have any questions about the property to which this ownership share relates, you should undertake your own due diligence and consult your financial advisor before making any investment decisions. If you choose to acquire the ownership share being offered, you do so entirely at your own risk.