TERMS AND CONDITIONS
PAYMENT: 20% Deposit day of auction with signing purchase agreement.. The remainder due on or before March 25, 2016.
POSSESSION: Possession given date of closing.
TAXES: 2015 and prior years taxes paid by sellers. The 2016 taxes shall be the responsibility of the buyer.
TITLE: Title insurance will be used as evidence of marketable title. The cost of the owner’s title policy and the escrow fee shall be divided equally between the seller and buyer.
MINERAL RIGHTS: The sellers will convey all the mineral rights they own, if any.
FINANCING: This sale is NOT contingent upon the buyer’s financing. Prospective buyers should make financial arrangements prior to the auction date.
ABSENTEE BIDS: Bidding via cell phone, and/or on someone’s behalf must be approved by Marshall Land Brokers & Auctioneers 24 hours prior to the auction.
PROPERTY CONDITION: The property and improvements are selling in “as is” condition – no warranties expressed or implied.
AGENCY: Marshall Land Brokers & Auctioneers are agents representing the sellers.