Before placing the bids, the lawyer shall obtain from his client, against a receipt, an irrevocable bank guarantee or a bank cheque made payable to the escrow agent or to the Caisse des Dépôts et Consignations, as indicated in the conditions of sale, representing 10% of the hammer price, although the amount of this guarantee may not be less than €3,000.
The receipt shall reproduce the provisions of the third and fourth paragraphs of this article.
The sum collected by the escrow agent or the Caisse des Dépôts et Consignations is returned to the unsuccessful bidder at the end of the auction hearing.
If the successful bidder defaults, the sum paid or the security provided is acquired by the creditors taking part in the distribution and, where applicable, by the debtor to be distributed to them with the price of the property.