BUYER’S PREMIUM. Xxxxx is responsible for paying a Buyer’s Premium to Auctioneer, for Auctioneer’s own account, in an amount equal to Ten percent ( 10 %) of the High Bid Price (the “Buyer’s Premium”). The Buyer’s Premium is earned at the Fall of the Hammer and is non-refundable. Auctioneer may immediately retain the Buyer’s Premium, and there is no requirement that the Buyer’s Premium be held in Escrow.
Appears in 5 contracts
Samples: Residential Realty Purchase and Sale Agreement, Residential Realty Purchase and Sale Agreement, Residential Realty Purchase and Sale Agreement
BUYER’S PREMIUM. Xxxxx is responsible for paying a Buyer’s Premium to Auctioneer, for Auctioneer’s own account, in an amount equal to Ten percent ( 10 %) of the High Bid Price (the “Buyer’s Premium”). The Buyer’s Premium is earned at the Fall of the Hammer Ham mer and is non-refundable. Auctioneer may immediately retain the Buyer’s Premium, and there is no requirement that the Buyer’s Premium be held in Escrow.
Appears in 2 contracts
Samples: Residential Realty Purchase and Sale Agreement, Residential Realty Purchase and Sale Agreement
BUYER’S PREMIUM. Xxxxx is responsible for paying a Buyer’s Premium to Auctioneer, for Auctioneer’s own account, in an amount equal to Ten percent ( 10 %) of the High Bid Price (the “Buyer’s Premium”). The Buyer’s Premium is earned at the Fall of the Hammer and is non-refundable. Auctioneer may immediately retain the Buyer’s Premium, and there is no requirement that the Buyer’s Premium be held in Escrow.
Appears in 1 contract
BUYER’S PREMIUM. Xxxxx is responsible for paying a Buyer’s Premium to Auctioneer, for Auctioneer’s own account, in an amount equal to Ten percent ( (10 %) of the High Bid Price (the “Buyer’s Premium”). The Buyer’s Premium is earned at the Fall of the Hammer and is non-refundable. Auctioneer may immediately retain the Buyer’s Premium, and there is no requirement that the Buyer’s Premium be held in Escrow.
Appears in 1 contract
