Lot # : 1 - BIDDER ACKNOWLEDGMENT & TERMS/CONDITIONS

Online Only Auction
Click Main Image For Fullscreen Mode
Price Realized Not Uploaded
Shipping Not Available
MEAFORD, ON N4L 1P4
Date(s)
4/17/2023 - 4/27/2023
AUCTIONEER INFORMATION
Catalog
View Full Catalog
BIDDER ACKNOWLEDGMENT
Information
Lot # 1
Group - Category Antiques & Collectibles - Collectibles - Advertising
Lead BIDDER ACKNOWLEDGMENT & TERMS/CONDITIONS
Description
YOU MUST SIGN AND RETURN THE BIDDER ACKNOWLEDGMENT FORM IN ORDER TO BE APPROVED FOR BIDDING. PLEASE REVIEW THE FORM AND ALL INFORMATION PROVIDED WHICH SHALL COMPRISE THE TERMS AND CONDITIONS OF THE AUCTION.
Name "THE LANDING" ONLINE REAL ESTATE AUCTION 27 APRIL 2023
Auctioneer
Snider's Sydenham Auction & Appraisal Services Inc
Type Online-Only Auction
Date(s) 4/17/2023 - 4/27/2023
Auction Date/Time Info
Bidding Closes: April 27 @ 2:00 p.m. Bidding Opens: April 17 @ 9:00 a.m.
Preview Date/Time OPEN HOUSES AND VIEWINGS There will be open house viewings by appointment on March 25, March 29, April 1 and April 5 from 2pm - 4 pm each day. Please call Larry Reid (Realtor) or Jim Snider (Auctioneer) to schedule your appointment for the open house viewings. LARRY REID 705-443-2351 JIM SNIDER 519-373-1654
Checkout Date/Time A $50,000 deposit is required within 24 hours of the conclusion of the auction if your bid is accepted by the vendor.
Location
18 BOUCHER STREET WEST
MEAFORD, ON N4L 1P4
Buyer Premium 1.5% BUYER'S PREMIUM
Description
ONLINE REAL ESTATE AUCTION SALE of "The Landing - Extended Stay Quarters" 5 Suite Short Term or Extended Stay Boutique Hotel at 18 Boucher Street West, Meaford, ON Bidding Opens: April 17 @ 9:00 a.m. Bidding Closes: April 27 @ 2:00 p.m.
DUE DILIGENCE: If you are a buyer that will be seeking financing or will need inspections and/or appraisals in order to purchase, please start that process as soon as possible in order to be prepared for the auction. As mentioned, there are no contingencies, including but not limited to: No financing contingency, No inspection contingency, No appraisal contingency. However, financing, inspections, and appraisals are permitted, but the agreement is NOT contingent upon those items. Do your due diligence, ask questions, and be prepared to bid and buy in confidence. The minimum opening bid is $1,000,000.00. The highest bid received will be subject to approval by the vendor. DEPOSIT: A $50,000 deposit is required within 24 hours of the conclusion of the auction if your bid is accepted by the vendor. BUYER'S PREMIUM: There will be a 1.5% Buyer's Premium based on the winning bid amount. The Buyer's Premium is subject to HST. The Buyer's Premium is due and payable within 24 hours of the conclusion of the auction.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 5.00 CAD
100.01 - 300.00 10.00 CAD
300.01 - 1,000.00 25.00 CAD
1,000.01 - 2,000.00 50.00 CAD
2,000.01 - 5,000.00 100.00 CAD
5,000.01 - 50,000.00 250.00 CAD
50,000.01 - 9,999,999.99 10,000.00 CAD
Currency CAD
Buyer Premium 1.5% BUYER'S PREMIUM
Payment Terms
The minimum opening bid is $1,000,000.00. The highest bid received will be subject to approval by the vendor. DEPOSIT: A $50,000 deposit is required within 24 hours of the conclusion of the auction if your bid is accepted by the vendor. BUYER'S PREMIUM: There will be a 1.5% Buyer's Premium based on the winning bid amount. The Buyer's Premium is subject to HST. The Buyer's Premium is due and payable within 24 hours of the conclusion of the auction.
NOT APPLICABLE
Click for Fr8Star Freight ShippingGet Shipping Quotes