Legal Question in Business Law in Florida

I sold a peice of equipment at an auction in Florida, i receive a check for $8,500.00 which i thought was high for the equipment beening sold, so i called and ask they said yes it was right, now 1 month later they say it wrong it sold for $850.00 and sent me audio/video of the auction. Now what do i have to pay it back?
They are calling every day.

Asked on 9/27/12, 10:25 am

Sanford M. Martin Sanford M. Martin, P.A.

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An auction should have records of sales with buyers, sellers, and prices. If the

buyer mistakenly paid an excessive amount, the buyer may claim the excess

payment based on the recorded amount of the sale. Like purchasing an item

with a check written for an excessive amount, the buyer is entitled to a refund of

the excess.

Answered on 9/27/12, 11:20 am

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