Auction Details - Terms & Conditions

1.  REGISTRATION: All prospective buyers MUST register in order to bid. Each bidder shall be required to possess a certified check drawn payable to themselves in the amount of $5,000.00 Closing shall take place within 30 days of the auction and in accordance with Seller’s Purchase & Sales Agreement to be executed by Buyer and Seller after completion of the Auction.

2.  PROPERTY INSPECTION: Previewing and inspection of the property IS essential. The acreage is being sold “AS IS – WHERE IS”.

3.  SELLER’S & AUCTIONEER’S DISCLAIMER: All announcements made by the auctioneer shall take precedence over any previously written material or oral statements made by auctioneer. Conduct of the auction, increments of the bidding, and decisions as to the high bidder will be at the sole discretion of the auctioneer.
The information contained in this brochure is subject to the inspection and verification by all parties relying on it. NO GUARANTEE, WARRANTY OR REPRESENTATION, EXPRESSED OR IMPLIED IS GIVEN ON THE INFORMATION CONTAINED IN THE BROCHURE OR DUE DILIGENCE INFORMATION. The Seller and their agents expressly disclaim any and all liabilities, which may be based on such information, errors therein or omissions therefrom. ONLY such representation and warranties as may be set forth in a definitive purchase agreement between Seller and Purchaser shall have any legal effect.

4.  AUCTION PREMIUM: An Auction Premium of 10% will be added to the Buyer’s successful high bid resulting in the Total Contract Price.

5.  EARNEST MONEY: The earnest money deposit is equal to 10% of the bid amount of the real estate and forfeited if Buyer is unable to close escrow.

6.  ABSENTEE BIDS: Individuals unable to attend the auction may complete an Absentee Bid Form, authorizing the auctioneer to bid on their behalf, up to a specific amount.

7.  BROKER PARTICIPATION: A four percent (4%) commission will be paid to the Licensed real estate broker whose client pays and closes escrow on the acreage. To qualify for the commission, the licensed agent must register their client and accompany their client to the auction. All registration letters from Brokers must be signed by Agent, Broker and Client and must be mailed or faxed (602) 331-7331 and received by Auctioneer 48 hours prior to the auction. There can be NO Exceptions to this procedure and NO Oral Registrations will be accepted.
 

Click here to Download Survey(s) (927KB)

(click)