Auction Terms & Conditions: Published on September 1, 2020. PROCEDURE: This is an Online Only Auction, thus all bidding will take place on an online platform located at www.atlanticAuctionCompany.hibid.com. The property is being offered subject to seller acceptance of the high bid. Auctioneer shall hold the high bid for twenty-four hours and will notify the high bidder whether or not the bid is successful. The Real Estate will be offered in its entirety, selling the property as a whole. DEPOSIT TO BID: A $10,000 deposit by certified check will be required in order to be approved to bid. Please put your full name in the memo section of your BANK CHECK and make payable to Atlantic Auction Company Escrow. You can mail or drop off your deposit to: Name- Atlantic Auction Company Address- 263 Dover Rd, Chichester, NH 03258 Deposits from unsuccessful bidders will be returned with-in 48 hours of close of auction. DOWN PAYMENT: An amount equal to 10% of the total contract purchase price will be due with-in 24 hours after being declared the winner. The down payment may be paid in the form of a bank check or wire transfer. The balance of the contract purchase price is due in cash or certified funds at closing within 45 days. YOUR BIDDING IS NOT CONDITIONAL UPON ANY FACTOR IE: INSPECTION, FINANCING ETC. ACCEPTANCE OF BID PRICES: The successful bidder will sign a purchase agreement immediately following the acceptance of the high bid. BUYER'S PREMIUM: A Ten percent (10%) Buyer's Premium will be added to the final bid price to arrive at the total contract purchase price paid by the Buyer. CLOSING: Closing shall take place 45 days after the contract has been fully executed, or as soon thereafter as applicable closing documents are completed. POSSESSION: Possession will be given at closing - Date of Deed. TITLE: Seller shall execute a proper deed (General Warranty Deed) conveying the real estate to the buyer(s). Property will be conveyed with good, clear title. Buyer has the option to purchase Title Insurance. REAL ESTATE TAXES AND ASSESSMENTS: The current year taxes on said Property shall be prorated to the date of closing. EASEMENTS: Sale of said property is subject to any and all easements of record. SURVEY: No new survey is required. The property will be sold and transferred per the existing deed. AGENCY: Atlantic Auction Company and its representatives are Exclusive Agents of the Seller. ZONING: Currently, the property is RESIDENTIAL. UTILITIES: Private well and septic. DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this website listing and all related materials are subject to the terms and conditions outlined in the agreement to purchase. The auctioneer may UPDATE these Terms prior to the auction end date and time. Any changes will be made known to all registered bidders. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the auction company. Each registered bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property before bidding. The information contained in this listing is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All acreages are approximate and have been estimated based on either the current survey, deed of record or property assessor's report. Although Atlantic Auction Company is holding an Auction for the contents and personal property any items left on the property will become the property of the buyer excluding property belonging to the tenant. IMPORTANT NOTICE: If winning bidder fails to close or abide by terms and conditions their deposit and down payment shall be forfeited. Auctioneer: Russell R. Abbott CAI. License #2512 (603) 798-5000