Common use of TERMS AND CONDITIONS OF THE AUCTION Clause in Contracts

TERMS AND CONDITIONS OF THE AUCTION. This sale is for realty known as 00 Xxxxx Xxxxx Xxxxxx, Xxxxxxx, Xxx Xxxxxxxxx 00000, verbal description by the Seller, Mortgagee, the Auctioneer or anyone connected with this sale shall not invalidate nor become part of this sale, as the Buyer, by bidding here today acknowledges that he/she has examined these premises to his/her satisfaction and accepts all known and unknown defects. The Auctioneer and all parties for whom the Auctioneer may be acting shall not be liable for any reason whatsoever as to the accuracy of description of the listed premises, the bounds, area involved, building and or buildings, taxes and encumbrances of every name and nature. The property dimensions may be approximate, if given. All Bidders shall deposit the required deposit with the Auctioneer prior to the commencement of the bidding. Failure on the part of the successful Bidder to execute a Foreclosure Real Estate Purchase Agreement after the premises are sold to him/her or failure on the part of the Buyer to perform within the specified time, as stated here today, will result in a forfeiture of deposits as liquidated damages and not as a penalty for not completing this sale. The Buyer is buying subject to "GUARANTEED PERFORMANCE" of the amount bid and entered on the Foreclosure Real Estate Purchase Agreement. Guaranteed Performance is understood to mean that in the event of default, by this Buyer, necessitating a resale at public auction for any lesser amount, this Buyer will pay the difference between his/her bid and that of the resale bid, if any, and further agrees to pay all costs of collecting said deficiency, if such is needed, to include reasonable attorneys fees, court costs and witness fees. The Buyer shall have no claim to any excess that may be created by a resale. The owners of the premises, the Mortgagee, the Auctioneers and all parties for whom the Auctioneer may be acting, shall not be liable to any and all persons while you are in, on or about the premises. ALL PERSONS ARE UPON THE PREMISES AT THEIR OWN RISK. If this parcel cannot be delivered in accordance with the terms as specified, then where a deposit has been made, only the refund of such deposit will be made to the Buyer as the Buyer's sole remedy at law or in equity. The Buyer agrees to accept as full settlement the refund of such deposit and create no liability against the Sellers, The Auctioneers all parties in this sale. The Auctioneer reserves the following:

Appears in 1 contract

Samples: Agreement

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TERMS AND CONDITIONS OF THE AUCTION. This sale is for realty known as 00 Xxxxx Xxxxx Xxxxxx0 Xxxxxx Xxxxx, XxxxxxxMerrimack, Xxx Xxxxxxxxx 00000NH 03054, verbal description by the Seller, Mortgagee, the Auctioneer or anyone connected with this sale shall not invalidate nor become part of this sale, as the Buyer, by bidding here today acknowledges that he/she has examined these premises to his/her satisfaction and accepts all known and unknown defects. XXXXXXXX & XXXXXXXXX, PLLC ATTORNEYS AT LAW 000 XXX XX. MILFORD, NH 03055 000-000-0000 The Auctioneer and all parties for whom the Auctioneer may be acting shall not be liable for any reason whatsoever as to the accuracy of description of the listed premises, the bounds, area involved, building and or buildings, taxes and encumbrances of every name and nature. The property dimensions may be approximate, if given. All Bidders shall deposit the required deposit with the Auctioneer prior to the commencement of the bidding. Failure on the part of the successful Bidder to execute a Foreclosure Real Estate Purchase Agreement after the premises are sold to him/her or failure on the part of the Buyer to perform within the specified time, as stated here today, will result in a forfeiture of deposits as liquidated damages and not as a penalty for not completing this sale. The Buyer is buying subject to "GUARANTEED PERFORMANCE" of the amount bid and entered on the Foreclosure Real Estate Purchase Agreement. Guaranteed Performance is understood to mean that in the event of default, by this Buyer, necessitating a resale at public auction for any lesser amount, this Buyer will pay the difference between his/her bid and that of the resale bid, if any, and further agrees to pay all costs of collecting said deficiency, if such is needed, to include reasonable attorneys fees, court costs and witness fees. The Buyer shall have no claim to any excess that may be created by a resale. The owners of the premises, the Mortgagee, the Auctioneers and all parties for whom the Auctioneer may be acting, shall not be liable to any and all persons while you are in, on or about the premises. ALL PERSONS ARE UPON THE PREMISES AT THEIR OWN RISK. If this parcel cannot be delivered in accordance with the terms as specified, then where a deposit has been made, only the refund of such deposit will be made to the Buyer as the Buyer's sole remedy at law or in equity. The Buyer agrees to accept as full settlement the refund of such deposit and create no liability against the Sellers, The Auctioneers all parties in this sale. The Auctioneer reserves the following:

Appears in 1 contract

Samples: Agreement

TERMS AND CONDITIONS OF THE AUCTION. This sale is for realty known as 00 Xxxxx Xxxxx Manufactured housing and land situated at 000 Xxxxxx 00, Xxxxx, Xxxxxxxxxx Xxxxxx, Xxxxxxx, Xxx Xxxxxxxxx 00000, verbal description by the Seller, Mortgagee, the Auctioneer or anyone connected with this sale shall not invalidate nor become part of this sale, as the Buyer, by bidding here today acknowledges that he/she has examined these premises to his/her satisfaction and accepts all known and unknown defects. The Auctioneer and all parties for whom the Auctioneer may be acting shall not be liable for any reason whatsoever as to the accuracy of description of the listed premises, the bounds, area involved, building and or buildings, taxes and encumbrances of every name and nature. The property dimensions may be approximate, if given. All Bidders shall deposit the required deposit with the Auctioneer prior to the commencement of the bidding. Failure on the part of the successful Bidder to execute a Foreclosure Real Estate Purchase Agreement after the premises are sold to him/her or failure on the part of the Buyer to perform within the specified time, as stated here today, will result in a forfeiture of deposits as liquidated damages and not as a penalty for not completing this sale. The Buyer is buying subject to "GUARANTEED PERFORMANCE" of the amount bid and entered on the Foreclosure Real Estate Purchase Agreement. Guaranteed Performance is understood to mean that in the event of default, by this Buyer, necessitating a resale at public auction for any lesser amount, this Buyer will pay the difference between his/her bid and that of the resale bid, if any, and further agrees to pay all costs of collecting said deficiency, if such is needed, to include reasonable attorneys fees, court costs and witness fees. The Buyer shall have no claim to any excess that may be created by a resale. The owners of the premises, the Mortgagee, the Auctioneers and all parties for whom the Auctioneer may be acting, shall not be liable to any and all persons while you are in, on or about the premises. ALL PERSONS ARE UPON THE PREMISES AT THEIR OWN RISK. If this parcel cannot be delivered in accordance with the terms as specified, then where a deposit has been made, only the refund of such deposit will be made to the Buyer as the Buyer's sole remedy at law or in equity. The Buyer agrees to accept as full settlement the refund of such deposit and create no liability against the Sellers, The Auctioneers all parties in this sale. The Auctioneer reserves the following:

Appears in 1 contract

Samples: Agreement

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TERMS AND CONDITIONS OF THE AUCTION. This sale is for realty known as 00 Xxxxx Xxxxx 0 Xxxx Xxxxxx, Xxxxxxx, Xxxxxxxxx Xxxxxx, Xxx Xxxxxxxxx 00000, verbal description by the Seller, Mortgagee, the Auctioneer or anyone connected with this sale shall not invalidate nor become part of this sale, as the Buyer, by bidding here today acknowledges that he/she has examined these premises to his/her satisfaction and accepts all known and unknown defects. The Auctioneer and all parties for whom the Auctioneer may be acting shall not be liable for any reason whatsoever as to the accuracy of description of the listed premises, the bounds, area involved, building and or buildings, taxes and encumbrances of every name and nature. The property dimensions may be approximate, if given. All Bidders shall deposit the required deposit with the Auctioneer prior to the commencement of the bidding. Failure on the part of the successful Bidder to execute a Foreclosure Real Estate Purchase Agreement after the premises are sold to him/her or failure on the part of the Buyer to perform within the specified time, as stated here today, will result in a forfeiture of deposits as liquidated damages and not as a penalty for not completing this sale. The Buyer is buying subject to "GUARANTEED PERFORMANCE" of the amount bid and entered on the Foreclosure Real Estate Purchase Agreement. Guaranteed Performance is understood to mean that in the event of default, by this Buyer, necessitating a resale at public auction for any lesser amount, this Buyer will pay the difference between his/her bid and that of the resale bid, if any, and further agrees to pay all costs of collecting said deficiency, if such is needed, to include reasonable attorneys fees, court costs and witness fees. The Buyer shall have no claim to any excess that may be created by a resale. The owners of the premises, the Mortgagee, the Auctioneers and all parties for whom the Auctioneer may be acting, shall not be liable to any and all persons while you are in, on or about the premises. ALL PERSONS ARE UPON THE PREMISES AT THEIR OWN RISK. If this parcel cannot be delivered in accordance with the terms as specified, then where a deposit has been made, only the refund of such deposit will be made to the Buyer as the Buyer's sole remedy at law or in equity. The Buyer agrees to accept as full settlement the refund of such deposit and create no liability against the Sellers, The Auctioneers all parties in this sale. The Auctioneer reserves the following:

Appears in 1 contract

Samples: Agreement

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