Lot # : 1 - TNJ Dairy/Feedyard with 157+/- acres and Two Homes

Auction Terms & Conditions – TNJ Dairy **Property:** 413 Curry Road L, Clovis, NM 88101 **Auction Closing Date** **Thursday, November 7, 2025** **Online-Only Auction with Soft Close** 1. **Auction Overview** * The TNJ Dairy property will be sold through an **online-only auction** hosted by Berkshire Hathaway Home Services and Burton Realty and Auction. * The auction will feature a **soft close**, meaning if a bid is placed in the final minutes, the bidding time will automatically extend to allow fair competition. --- ### 2. **Property Details** * Property sells **as-is, where-is** with no warranties or guarantees. Buyers should complete any inspections and review all information before bidding. ### 3. **Bidding & Registration** * By registering and placing a bid, bidders agree to these Terms & Conditions. * Bids are a binding contract — please bid only if you are prepared to purchase it is not contingent upon financing. --- ### 4. **Contract & Payment** * The winning bidder will sign a **Real Estate Purchase Agreement** electronically at the close of the auction. * A **non-refundable earnest money deposit of 10% is due within 24 hours of next business day of auction close (wire transfer or certified funds). --- ### 5. **Buyer’s Premium** * A **5% buyer’s premium** will be added to the winning bid to determine the final purchase price. --- ### 6. **Closing Costs & Taxes** * Seller will provide clear title and pay for deed preparation and title commitment. * Buyer will pay recording fees and any loan-related costs. * Taxes will be prorated to the date of closing. --- ### 7. **Possession** * Possession of the property will be given at closing once the purchase is funded. --- ### 8. **Important Notes** * The auction is reserve * This is a **no-contingency sale** — financing, appraisals, and inspections must be arranged prior to bidding. --- ### 9. **Broker Participation** * Buyer’s agents and brokers are welcome but must register their client with the listing brokers. 10. Agency Disclosure Berkshire Hathway Home Services and Burton Realty and Auction as well as its representatives act exclusively as agents of the seller. Buyers MUST do their own due diligence before bidding/purchasing.