Frequently Asked Questions
our users

Detailed information on the requirements to participate in a Public Auction act in the following link: How to Participate in Auctions

Payments, both for the registration and for the cancellation of the real estate, must be made through a certified check, cashier's check or irrevocable letter of payment from a bank or credit institution recognized and accepted by the State.

Once the term of five (5) business days has expired, without having paid the sale price of the property, the deposit posted and the right to adjudication will be lost. The amount of said guarantee will enter the National Treasury.
As long as the provisions of the Single Text of Law 22 of June 27, 2006 are complied with, ordered by Law 153 of May 8, 2020, which regulates Public Procurement.

Sending an email to uabrmercadeo@mef.gob.pa, requesting an appointment to visit the area of your interest and our staff will contact you, to indicate the day and time of it.

The successful bidder must pay the sale price of the real estate object of the Public Goods Auction, within five (5) business days following the auction date, at 9:00 a.m. at 4:00 p.m.

Through the website areasrevertidas.mef.gob.pa in the Sales of Goods section, social networks @uabrpma, by calling the Promotion, Sales and Auctions Area at: +507 511-9600 / 9784/9672, writing to us by email: uabrmercadeo@mef.gob.pa or visiting our offices located in Building 1006 in Clayton.

Any natural or legal person, whether national or foreign, who meets the requirements established in the tender documents, can participate.

Through a Legal Representative, duly authorized to represent it in the Public Auction Act; as long as the requirements and required forms are met.

All documentation addressed to the Executive Secretary must be entered through the Archives and Correspondence / UABR office located in Clayton, where they will give you a document registration number for further consultation.

From 8:00 a.m. at 3:00 p.m. of business days and consign, together with the registration, a bond equivalent to ten percent (10%) of the estimated value (Base Price) of the good to be auctioned.

Tenants who comply with the provisions of Law 190 of December 17, 2020, which regulates the first option to purchase rented homes in the reverted areas and dictates other provisions.

You must submit a note addressed to the Executive Secretary, showing your interest in making a direct purchase. After inspection and measurement of the land, by the Engineering Department, and complying with the requirements of the Remaining Lot, the competent area sends an acceptance note to proceed with the procedures and required documentation.
Submit a note addressed to the Executive Secretary, detailing the reason for this request.
Failure to comply with the investment agreed in this contract, within the established term, will give rise to the execution of the investment compliance bond presented by THE BUYER, which will be made in accordance with the procedure established in the Text Sole of Law number twenty-two (22) of twenty-seven (27) of June of two thousand six (2006) and Decree No. 33.- Leg. September 8, 2020).