Martin Jurisch & Associates

 

Date(s) 6/8/2024 - 6/26/2024

WEDNESDAY - JUNE 26, 2024 - 6:00 PM

Online-Only Auction
Shipping Not Available
Bidding Notice:

**DO NOT BID UNLESS YOU INTEND TO CLOSE ON THE PURCHASE OF THIS PROPERTY** TERMS: ALL SALES ARE FINAL. ALL ITEMS ARE SOLD "AS IS-WHERE IS" WITH ALL FAULTS AND WITH NO GUARANTEES OR WARRANTIES OF ANY TYPE, EXPRESS OR IMPLIED, INCLUDING WARRANTIES AS TO THE MERCHANTABILITY OR FITNESS FOR PARTICULAR USE OR PURPOSE. FURTHER. Any description or information given on a lot is not guaranteed, warranted, ... Show More

Auction Notice:

TERMS & CONDITIONS Offered and sold as one complete ±7.0-acre unit. 15% nonrefundable earnest money day of auction with the balance due in cash or certified funds upon closing. Closing to take place on or before July 27, 2024. Possession upon closing. Taxes, based on the latest tax levy available, shall be prorated to date of closing. Property sold by legal description only, no survey ... Show More

Auction Information
Name JOHNSON 7 AC. REAL ESTATE AUCTION
Auctioneer
Type Online-Only Auction
Date(s) 6/8/2024 - 6/26/2024
Auction Date/Time Info
WEDNESDAY - JUNE 26, 2024 - 6:00 PM
Preview Date/Time INSPECTION - PLEASE CALL NIKKI JOHNSON AT 406-650-8600 TO INSPECT & PREVIEW
Checkout Date/Time THE HIGH BIDDER WILL RECEIVE A CALL FROM MARTIN JURISCH TO SCHEDULE THE PAYMENT OF EARNEST MONEY & THE SIGNING OF THE DOCUMENTS.
Location
Buyer Premium NO BUYER'S PREMIUM
Description
JOHNSON FAMILY REAL ESTATE AUCTION WEDNESDAY - JUNE 26, 2024 - 6:00 PM 6196 SV 1 DRIVE, WOLF POINT, MT
**DO NOT BID UNLESS YOU INTEND TO CLOSE ON THIS TRANSACTION** TERMS: ALL SALES ARE FINAL. ALL ITEMS ARE SOLD "AS IS-WHERE IS" WITH ALL FAULTS AND WITH NO GUARANTEES OR WARRANTIES OF ANY TYPE, EXPRESS OR IMPLIED, INCLUDING WARRANTIES AS TO THE MERCHANTABILITY OR FITNESS FOR PARTICULAR USE OR PURPOSE. FURTHER. TERMS AND CONDITIONS: TERMS & CONDITIONS Offered and sold as one complete ±7.0-acre unit. 15% nonrefundable earnest money day of auction with the balance due in cash or certified funds upon closing. Closing to take place on or before July 27, 2024. Possession upon closing. Taxes, based on the latest tax levy available, shall be prorated to date of closing. Property sold by legal description only, no survey provided. Acreages are approximate and determined by Roosevelt County Assessor’s data and FSA maps. Property sells without Buyer contingency of any kind, please have your financial arrangements secured prior to bidding. Title insurance will be provided. A commitment for title insurance showing marketable title will be made available for your inspection online. Closing costs and title insurance shall be split evenly between the Buyer and Seller. Property will be transferred by Warranty Deed subject to easements, assessments, and reservations of record. Sale of this ranch land unit subject only to seller approval below any final bids below $100,000, if any. However, this property will absolutely sell at or above the reserve price of $100,000. We urge you to make your financial arrangements and be prepared to purchase day of auction. The Auctioneers/Brokers are representing the Seller’s interests in this transaction. Visual auction maps have been prepared for marketing purposes only, are approximate only and buyers should rely upon their own judgment and inspection of the subject property. The property will be sold in “As Is” condition without any warranties, either expressed or implied, as to the nature, condition, or description of any improvements, please inspect to the extent deemed necessary and rely on your own judgment when bidding. All information in this brochure was derived from sources deemed reliable; however, neither Seller nor the Auctioneers/Brokers are making any guaranties or warranties, actual or implied. Any announcements made day of auction supersede any and all previously printed material and any other oral statements made. ADDITIONAL TERMS & CONDITIONS OF SALE All persons bidding or otherwise attending auction (“Bidders”) acknowledge the following terms and conditions (“Terms and Conditions”) and agree to be bound by them. Bidding. Bidding is open to the public without regard to race, color, sex, religion, or national origin. All bidders are required to have a bidder’s number to bid. To obtain a bidder’s number, a registration form must be filled out including full name, address, phone number, and other information. Bidding Procedures: (1) Method, order of sale, and bidding increments shall be at the sole discretion of the auctioneer. (2) The auctioneer reserves the right to delete or add items at its discretion. (3) Martin Jurisch & Assoc. Auctioneers/Realtors may act to protect the interest of buyers and sellers as an agent, by bidding through the auctioneer even though this rarely shall ever occur. (4) The auctioneer may open bidding on any item by placing a bid as an agent for any buyer or seller. (5) The auctioneer may continue to bid as an agent for a buyer or seller, either by placing consecutive bids or by placing bids in response to other bidders. Auctioneer Authority. Announcements (both verbal and written) made on the day of the auction will take precedence over all printed material or oral statements made. The auctioneer has the authority, at his sole and absolute discretion, to deviate from, change, alter, or modify, the bidding procedures and conduct of the auction, at any time, including after commencement of the auction. Bid Execution. Bids which are submitted to Martin Jurisch & Assoc. in writing, through the Internet, or otherwise placed with Martin Jurisch & Assoc. prior to or during an auction for execution at or below a specified price shall be entertained and executed by Martin Jurisch & Assoc. for the convenience of bidders. Martin Jurisch & Assoc. shall not be responsible for failing to execute such bids or for errors relating to the execution or such bids. Auctioneer is not responsible for a bidder’s inability to place any bid, internet or otherwise for this auction for any reason. In the event of technology issues with Internet sales, or for other reasons, the Auctioneer reserves the right to reopen or extend Internet bidding as it deems necessary and appropriate. Purchaser Defined. The highest bidder whose bid is accepted by Martin Jurisch & Assoc. Auctioneers/Realtors (“Martin Jurisch & Assoc.” or “Auctioneer”), is the Purchaser (“Purchaser”). The “Final Bid” shall be the Purchaser’s bid as accepted by the Auctioneer, and all items are “Purchased” when the Purchase Price is accepted. Buyer’s Premium. The Buyer’s Premium, if any, shall be paid by the Purchaser and will be added to the Final Bid on the item to determine the “Purchase Price”. If there is no Buyer’s Premium, the Final Bid is the Purchase Price. See Section “Buyer’s Premium” in the Sale Information portion. ALL SALES ARE FINAL. All bidders are responsible to determine the age, description, condition, and authenticity of all Purchased items. Each item is auctioned “AS IS, WHERE IS, with all faults” in its condition at the time of sale, without any warranties or guarantees, either expressed or implied, INCLUDING BUT NOT LIMITED TO WARRANTIES OF TITLE, POSSESSION, QUIET ENJOYMENT, MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE, and without recourse by way of refund, reduction of the Purchase Price, or otherwise. No purchase will be set aside, nor will Auctioneer be liable, for incorrectness in description, misnomer, errors in cataloging, imperfection, or mislabeling of any item. Catalog. The listing catalog has been prepared only as a guide based on information from sources believed to be reliable, but the accuracy thereof cannot be guaranteed or warranted by Martin Jurisch & Assoc. Hours and miles which are stated in the catalog descriptions as “showing” are read on the meters and odometers, or as provided by owner, with no guarantee of accuracy. “Actual” hours and miles are guaranteed to be accurate. All announcements from the auction stand on auction day, to the extent that they are different from prior printed material take precedence. Any information provided by Martin Jurisch & Assoc. or its representatives, verbal or otherwise, is not guaranteed, to include, but not limited to country of origin or manufacturer. Purchaser acknowledges that all items were available for inspection prior to the auction and that Purchaser relies on his own inspection of the items and not the information listed in the catalog or otherwise provided by Martin Jurisch & Assoc. Disputes. Should a dispute arise between two or more bidders, the Auctioneer may re-open the bidding between the high bidders until the property is purchased. Should the Auctioneer and a bid assistant (bid spotter/ringman) simultaneously recognize conflicting bidders, even if the Auctioneer has announced the item as “sold,” the Auctioneer may re-open the bidding between the high bidders until the property is purchased. The Auctioneer will determine the purchaser and his decision shall be final and absolute. Risk of Loss. Upon the fall of the hammer, or when the Auctioneer says “sold,” or when the internet auction closes, risk of loss shall pass to the Purchaser. Martin Jurisch & Assoc. accepts no responsibility for any loss or damage to any Purchased item once the hammer falls. It shall be the responsibility of the Purchaser to insure all Purchased items immediately. Sales Tax. Sales or Use Taxes will be added to the Purchase Price of all taxable Purchased items. A current sales tax exemption certificate including sales tax exemption number must be presented to avoid paying sales tax. Payment. All buyers must abide by the “payment terms” set forth for this sale. See “Sale Information” for details. Martin Jurisch & Assoc. may refuse to allow removal of Purchased items and all property of Purchaser consigned for auction with Martin Jurisch & Assoc. until the Purchaser pays all amounts due and owing Martin Jurisch & Assoc. Removal and Storage/Handling Fees. Purchasers must pay in full for all items purchased prior to removing any item(s). Purchasers must remove all purchased items from the auction site within the time allotted for removal. See “Sale Information” for details. Purchaser takes full responsibility for the removal of purchased items and holds harmless and indemnifies the consignor and auctioneer for any damage or injury in the removal or dismantling process. Martin Jurisch & Assoc. reserves the right to require proof of insurance coverage on any item, person or company. If for any reason Purchaser fails to remove any items from the auction site in accordance with this paragraph, including Purchaser’s failure to make full and complete payment of all sums due and owing to Martin Jurisch & Assoc. Unless previous arrangements have been made, Purchaser agrees to pay Martin Jurisch & Assoc. a storage fee of ten dollars ($10.00) per item, per day, and reasonable handling, transportation, maintenance, security and insurance fees and /or costs. Martin Jurisch & Assoc. may store any such un-removed item(s), and refuse to allow its removal, until payment of all storage, reasonable handling, transportation, maintenance, security and insurance fees and/or costs are paid in full. Default by Purchaser. In the event Purchaser fails to pay the full Purchase Price of any Purchased items as per these Terms and Conditions, or other amounts due Martin Jurisch & Assoc., Purchaser agrees to pay Martin Jurisch & Assoc. a storage fee of ten dollars ($10.00) per day, per item left at the auction site, and all storage, reasonable handling, transportation, maintenance, security and insurance fees and/or sales costs. Additionally, Purchaser agrees to grant Martin Jurisch & Assoc. a lien on all purchased items and all property of Purchaser consigned for auction with Martin Jurisch & Assoc., and the proceeds of the sale of such property, until all the Purchase Price and all other sums due Martin Jurisch & Assoc. are paid in full. Martin Jurisch & Assoc. lien shall include the Purchase Price, all sales and use taxes paid by Martin Jurisch & Assoc., buyer’s premiums (if any), storage, reasonable handling, transportation, maintenance, security and insurance fees and/or costs and other amounts due Martin Jurisch & Assoc. from Purchaser. In addition, Martin Jurisch & Assoc., at its sole discretion, shall have the right to resell such items by public or private sale at a commission rate of Twenty-five (25%) Percent. Purchaser grants Martin Jurisch & Assoc. the right to withhold from the proceeds of such resale any and all sums due Martin Jurisch & Assoc. Martin Jurisch & Assoc. exercise of its right to resell any items in accordance with this paragraph, shall not prevent Martin Jurisch & Assoc. from recovering the Purchase Price or any other amount due Martin Jurisch & Assoc. from the Purchaser. Abandoned Property. Martin Jurisch & Assoc. may deem abandoned any item left at the auction site after the time provided for removal. In addition, Martin Jurisch & Assoc., at its sole discretion, shall have the right to resell such items by public or private sale at a commission rate of Twenty-five (25%) Percent. Purchaser grants Martin Jurisch & Assoc. the right to withhold from the proceeds of such resale any and all sums due Martin Jurisch & Assoc. Any sum remaining after full and complete payment of all amounts due and owing to Martin Jurisch & Assoc. shall be provided to the Purchaser. Martin Jurisch & Assoc. exercise of its right to sell any items in accordance with this paragraph, shall not prevent Martin Jurisch & Assoc. from recovering the Purchase Price or any other amount due Martin Jurisch & Assoc. from the Purchaser. Redemption of any abandoned goods will be allowed after complete payment of the Purchase Price and all other amounts due and owing to Martin Jurisch & Assoc. Titles. All title documents will be available to Purchaser upon complete and final payment of all sums due Martin Jurisch & Assoc. within ten (10) business days of such payment unless sold title delay. Items sold title delay shall remain at the auction site until title documents are available unless Purchaser signs a waiver. Purchaser shall not alter any purchased item prior to receipt of title. If merchantable title or documents necessary to secure merchantable title are unavailable, Purchaser shall return the item to the auction site in the identical condition as at the time of purchase upon which Martin Jurisch & Assoc. shall refund the Purchase Price. Martin Jurisch & Assoc. shall not be liable for any other amount, any improvements or repairs, or for any consequential or incidental damages incurred by the Purchaser. A $25.00 title fee will be charged to the Purchaser for each title. Loading/Unloading of Equipment. All items are sold “AS IS, WHERE IS”. Martin Jurisch & Assoc. does not provide operators for the loading or unloading of any vehicles or equipment under any circumstances. This is the sole responsibility of the Purchaser. Withdrawn Property. Martin Jurisch & Assoc. reserves the right to withdraw any individual items or to cancel the sale of any items or offer any items in lots of groups. Martin Jurisch & Assoc. reserves the right to cancel the entire auction without notice or liability to Martin Jurisch & Assoc. Unauthorized Conduct. Martin Jurisch & Assoc. reserves the right to refuse any bidder registration privileges at any auction and/or refuse access to, or remove any person from the auction site for any reason including, but not limited to: 1) tampering with equipment, 2) collusive bidding, 3) stealing, 4) failure to abide by these Terms and Conditions, 5) intoxication, (6) inappropriate behavior. All Bidders acknowledge Martin Jurisch & Assoc. right to refuse access and to remove Bidders for such conduct and agree to leave the auction site upon request by Martin Jurisch & Assoc. Enter at your Own Risk. Bidders acknowledge that an auction site is potentially dangerous and Bidders shall so advise their agents and employees. Bidders enter the auction site at their own risk/and expressly agree to indemnify and hold Martin Jurisch & Assoc. harmless for any personal injury or property damage which may occur while at the auction site. NO CHILDREN under the age of 16 shall be permitted at the auction site. NO EXCEPTIONS! “Buy Backs”. The owner of any item being sold may not bid on that item. Notice. Except for announcements made pursuant to paragraph 3 of these Terms and Conditions, these Terms and Conditions may not be amended in any way, except by a signed, written agreement between Martin Jurisch & Assoc. and the Purchaser. Arbitration. Bidders agree that any controversy or claim arising out of or relating to these Terms and Conditions shall be settled by arbitration in Rapid City, South Dakota, administered by the American Arbitration Association in accordance with its Commercial Arbitration Rules, and judgment on the award rendered by the arbitrator may be entered in any court having jurisdiction thereof. Bidders agree that Martin Jurisch & Assoc. shall be entitled to its reasonable attorneys’ fees (25% of any amount awarded to Martin Jurisch & Assoc.) incurred in any arbitration or action to enforce or otherwise related to these Terms and Conditions. SHERMAN ANTITRUST ACT. Title 15, Section 1 of the United States Code specifically prohibits any agreements that restrain trade and commerce and declares them to be illegal and a federal felony. The law provides: ‘Every contract, combination in the form of trust or otherwise, or conspiracy, in restraint of trade or commerce among the several States, or with foreign nations, is declared to be illegal. Every person who shall make any contract or engage in any combination or conspiracy hereby declared to be illegal shall be deemed guilty of a felony, and, on conviction thereof, shall be punished by fine not exceeding $10,000,000 if a corporation, or, if any other person, $350,000, or by imprisonment not exceeding three years, or by both said punishments, in the discretion of the court.’ Any agreement among potential bidders at this auction not to bid against one another, or otherwise to dampen the bidding process, is illegal and will be immediately reported by Martin Jurisch & Assoc. to the United States Attorney and the Department of Justice for investigation and prosecution. This is a very serious matter and we want you to view it as such and conduct yourselves accordingly. Claims: No claims will be allowed after removal of goods from premises or left on premises past removal deadline. Responsibility for Non-Delivery: Neither the auctioneer nor the seller, in any event, shall be liable for non-delivery or for any other matter or thing, to any purchaser of any lot, other than for the return to the purchaser of the deposit or sum paid on said specific lot, should the purchaser be entitled thereto. Acceptance. Bidding on any items or otherwise attending the auction indicates acceptance of these Terms and Conditions.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 500,000.00 2,500.00 USD
500,000.01 - 9,999,999.99 5.00 USD
Currency USD
Buyer Premium NO BUYER'S PREMIUM
Payment Terms
EARNEST MONEY PAYMENT DATE: Thursday, June 27, 2024. Purchase agreement signed immediately after the auction via email and signed via DocuSign. The 15% earnest money deposit shall be wire transferred to Roosevelt County Abstract LLC and deposited within their trust account in Wolf Point, MT to await closing of the transaction.
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