Common Contracts

SEALED BID AUCTION AGREEMENT

Sealed Bid Auction Agreement • May 14th, 2020 • California

• Contract Type
  Sealed Bid Auction Agreement
• Filed
  May 14th, 2020
• Jurisdiction
  California

The following sets forth the Sealed Bid Terms and Conditions (“Terms and Conditions”) which govern the auction (“Auction”) conducted by Premiere Estates Auction Company (“PEAC”) and William Hobson, agent for Keller Williams St. George UT (“Broker”) with respect to real property (“Property”) being sold by Seller. The prospective bidders of the Property participating in this auction (“Bidders”) agree to register for such auction and to be bound by the Terms and Conditions. The successful bidder (“Winning Bidder” or “Buyer”) will be required to execute the Purchase Contract in order to complete the transaction. As used herein, “Auction Date” refers to the July 9, 2020 deadline for bids.