This property is being sold through the Modern Method of Auction, a process where the buyer and seller agree to complete the sale within 56 days, known as the "Reservation Period". This means that the buyer and seller have a limited timeframe to finalize the transaction, and the property is being sold on the basis of an unconditional offer. The buyer must complete the purchase within the specified timeframe, and the seller is committed to selling the property to the buyer if the offer is accepted.