Reserve Price: The property has a reserve price of $10,000 Per Acre (minimum bid).

Acknowledgment of Terms: All bidders must review and sign the Acknowledgement of Terms & Conditions document prior to bidding.

Property Condition: The property is sold in 'AS IS' condition. The Seller will not make any repairs or concessions, and there are no contingencies.

Inspections: The sale is not contingent upon a satisfactory inspection. Bidders are encouraged to inspect the property before the auction ends.

Financing: The sale is not contingent upon the Bidder's ability to secure financing. The buyer is responsible for any appraisal gap.

CAUV: The Seller will not pay the CAUV recoupment tax.

Post-Auction Procedures: After the auction closes, the successful Bidder must sign and return the purchase contract and any other required documents electronically within 24 hours.

Deposit: The successful bidder must provide a 10% of final bid price (earnest money) via electronic transfer.

Closing: The buyer must complete the purchase within 45 days of the auction.

Seller's Obligations: The seller will cover the costs of the owner's title insurance, deed preparation, conveyance fee, and the proration of real estate taxes.

Buyer's Premium: A 10% Buyer's Premium will be added to the final bid to determine the final purchase price.

By placing the high bid and when the bid is accepted, you are contractually obligated to buy the real estate at the price stated as your bid, Buyer’s Premium, fees, and all other applicable Buyer closing costs.