REAL ESTATE TERMS & CONDITIONS<br>
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1)OFFERING: Real estate to be offered in one single tract.<br>
2)DOWN PAYMENT: 10% (non-refundable) down payment on the day of auction with the balance in cash at closing. The down payment may be made in the form of cash, cashier’s check, personal check, or corporate check. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.<br>
3)ACCEPTANCE OF BID PRICES: All successful bidders will be required to enter into purchase agreements at the auction site immediately following the close of the auction. All final bid prices are subject to the seller’s acceptance or rejection.<br>
4)CLOSING: The balance of the purchase price is due at closing, which will take place within 30 days of auction.<br>
5)POSSESSION: Possession at closing.<br>
6)REAL ESTATE TAXES: Real estate taxes will be prorated to the day of closing.<br>
7)ACREAGE: All tract acreages, dimensions, and proposed boundaries, are approximate and have been estimated based on current legal descriptions and/or aerial photos.<br>
8)DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the seller or the auction company. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the seller or the auction company. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The seller and selling agents reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the auctioneer are final.<br>
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ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENT MADE.
