Sealed Bid Auction Agreement Sample Contracts

SEALED BID AUCTION AGREEMENT
Sealed Bid Auction Agreement • April 6th, 2020

BID AMOUNT $ 5% Buyer’s Premium Total Purchase Price $ $ REGISTRATION DEPOSIT $10,000 made payable to Ticor Title and Escrow Company Inc. 10% DEPOSIT To be provided uponacceptance offer – including registration deposit $

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SEALED BID AUCTION AGREEMENT
Sealed Bid Auction Agreement • May 14th, 2020 • 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.

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