By bidding on this property you are agreeing to the terms & conditions below:
OFFER TO PURCHASE & TERMS AND CONDITIONS
1. The property is described as #263611 Prouse Road, Mount Elgin, Ontario, N0J 1N0. CON 6 PT LT 20 RP 41R7262 PT 3 Located in the Township of South West Oxford. Tax Roll # 3211 010-020-19110-0000, shall be sold as is, where is, subject to minimal reserve bid.
2. The highest bidder over the reserve shall be the purchaser. No person shall retract their bid. The purchaser shall pay a $100,000 deposit immediately after the auction closes.
3. The purchaser shall complete the sale by September 19th, 2024 when the balance of said purchase money shall be paid unless previous arrangements have been made. HST if applicable will be in addition to purchase price.
4. Advertised total acreage of 65 and tillable acreage of 25 is an approximate acreage and is not grounds for dispute. The current soyabean crop is not included.
5. Immediately after the sale the purchaser shall sign a contract to complete the sale according to these conditions.
6. All adjustments of insurance, rents, local improvement rates and other assessments to be apportioned to the date of completion of sale, when possession shall be given.
7. The purchaser shall not be entitled to abstract or other evidence of title not in the possession of the vendor and shall make any objections to the title in writing to the vendor’s solicitor within 15 days from the date of auction, and in default of making any such objections the purchaser shall be deemed to have accepted the title.
8. The purchaser agrees to accept title subject to any registered municipal agreements and any easements for the supply of domestic utility or telephone services to the property of adjacent properties or for drainage, storm or sanitary sewers, public utility lines or other services. If any objection shall be made which the vendor shall be unable or unwilling to remove, the vendor shall be at liberty to rescind the sale, and in such case the purchaser shall receive back the amount paid, without interest, in full satisfaction of all claims.
9. The purchaser acknowledges that this property will be sold as is, where is, and that the vendor has not made any warranty or representation whatsoever regarding the property or the buildings thereon, including in relation to structural condition, water, sceptic, soil conditions, dimensions, acreage, environmental condition, zoning or permitted future use.
10. If the purchaser fails to comply with the conditions aforesaid or any of them, the deposit and all other payments made thereon shall be forfeited, and the property may be re-sold, and the deficiency, if any, on such re-sale, together with all charges attending the re-sale, shall be made good by the defaulter.
11. Time shall be of the essence of these conditions.
All property is sold “AS IS”, and ALL SALES ARE FINAL. Property is open to thorough public inspection. It is the Bidder’s responsibility to determine condition, age, genuineness, value or any other determinative factor. Shackelton Auctions may attempt to describe the merchandise in advertising, on the Internet and at the auction but makes no representations. In no event shall Shackelton Auctions be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Bidder shall be the sole judge of value and condition.
Bidders who bid from off site or online and are not present at the live auction(where applicable) or preview understand and acknowledge that they may not be able to inspect an item as well as if they examined it in person. It is the Bidder’s responsibility to determine condition, age, genuineness, value or any other determinative factor. Shackelton Auctions shall endeavor to describe in detail each item and any pertinent information about it. Shackelton Auctions will not be responsible for any errors or omissions in the description of the merchandise unless it is a material and intentional misrepresentation of the item itself. Bidder agrees that everything is sold as is and that they may not return any item they purchase.
Shackelton Auctions is providing Internet pre-auction, online/live bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall Bidder have any kind of claim against Shackelton Auctions or anyone else if the Internet service fails to work correctly before or during the live auction. Shackelton Auctions will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bid is acknowledged should use the proxy-bidding feature and leave their maximum bid 24 hours before the auction begins. Shackelton Auctions reserves the right to withdraw or re-catalog items in this auction.
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