| Summary: | The recent research is aimed at identifying whether the implementation of voluntary
auction in Auction House of PT Triagung Kuminto, Semarang City was compliant with the
Legislation issued by Monetary Minister No 93/PMK.06/2010 about the guidance of auction
performance. It was also identify the protection given by Auction Office of PT Triagung
Lumintu for the auction winner
The recent research adopted approach which consisted of empirical and normative
research as well as interview method. The data consisted of primary data and was
supplemented with the secondary data. The data was analyzed qualitatively and was written
descriptively.
The result indicated that the implementation of voluntary auction in the Auction House
of PT Triagung Lumintu semarang was not fully compliant with the Legislation of the
Monetary Minister No 93/PMK.06/2010 in the case of auction treatise generation. Auction
treatise was subsequently created to facilitate the validation process of the auction treatise.
The auction implementation was preceded by the auction proposal by those who want to do
the voluntary auction in the auction office and subsequently verification was conducted using
rigid standard and requirement to narrow the opportunity of problem to appear and then
followed with the auction implementation and ended with post-auction. The winner obtained
the auction deed as a proof of right alteration through auction. The law protection was given
in accordance with the article 16 of Monetary Minister Legislation No 93/PMK/06/2010 the
seller was responsible for the object validation, the validation document of auction
requirements, ,and the ownership document for the winner. In addition, the seller was also
responsible for the law suit which emerged in case the deed to the object and the compensation
because of the object invalidation. Furthermore, article 16 states that the auction proprietor
requires the owner to prepare the statement conveying that he/she is responsible for any
dispute about the object in the future.
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