Terms and Conditions of Real Estate Sale
1. The property and any personal assets sold at the auction
will be sold “AS-IS, WHERE-IS.” The property is being sold
without any warranties of any kind, regarding the physical
property and the assets.
2. ALL SALES AT THE AUCTION ARE SUBJECT TO A 10%
BUYERS PREMIUM, ADDED TO THE HAMMER PRICE.
3. The bidder agrees that any suit or legal proceeding
regarding the auction, will take place in the State of
Florida, Orange County. Registration of the auction and
4419 Parkbreeze Court, Orlando, FL 32808 | Cellular 407-468-8285 | www.RapidOrlando.com
Real Estate #SL3451043, Auctioneer #AU4886, Auction Business #AB3793
any transactions from the auction, are enforceable by the
State of Florida.
4. The bidder (and its agents) agree to hold harmless the
auctioneer, the realtor, the broker, its employees, etc.
from any loss, damages, etc. to the property or any items
purchased at the auction. The release includes any acts of
negligence or fault and/or the fault of others, including
third parties.
5. The bidder agrees to personally guarantee payment of the
successful hammer price that will be paid to the seller and
the buyer’s premium of an additional 10% of the hammer
price to the auctioneer. If for any reason that the bidder
fails to close on the property the full deposit will be
forfeited and any additional monies/losses will be owed to
the seller and auctioneer, immediately.
6. The bidder acknowledges that the closing of the property
MUST take place on or prior to September 22, 2020. The
bidder also acknowledges that all of the closing cost
(except what is required to be paid by the seller) will be
paid by the bidder/buyer, to include survey, doc stamps on
the deed, title search, title insurance, etc.
7. If the auctioneer and/or seller are forced to take action
against the bidder, any and all court fees, attorney’s fees
and additional litigation fees, will be paid by the bidder,
per this agreement.
4419 Parkbreeze Court, Orlando, FL 32808 | Cellular 407-468-8285 | www.RapidOrlando.com
Real Estate #SL3451043, Auctioneer #AU4886, Auction Business #AB3793
8. The bidder waives the right to a trial by jury regarding any
litigation by agreeing to the auction registration and the
terms and conditions.
9. Identification to bid has been collected the bidder agrees
that they have authorization to bid.
10. The bidder has had the opportunity, prior to the
auction to inspect the property and agrees that if they
have not fully inspected that they waive this opportunity
and agree to still bid under the “as-is, where-is”
acknowledgement.