Real Estate Auction Offer

REAL ESTATE AUCTION OFFER

This Real Estate Auction Offer ("Offer") is submitted under the auction procedures and terms set forth below. Seller and Buyer acknowledge that this Offer is subject to the auction terms and to any auctioneer-imposed buyer's premium, registration requirements, and auction conditions. Acceptance of this Offer by Seller constitutes a binding contract for the sale of the Property on the terms herein.

Parties and Auction Information

Seller Name:

Buyer Name:

Property Identification

Offer & Financial Terms

Offer Price: $

Deposit Treatment: Non‑refundable upon acceptance Refundable subject to contingencies

Financing Contingency: Yes No If yes, Financing Period (days):

Inspection Contingency: Yes No If yes, Inspection Period (days):

Closing Date: Possession Date:

Auction Specific Terms

Buyer acknowledges that the sale is made in the auction forum and agrees that: (a) the Property is offered and accepted subject to auction conditions and any buyer's premium; (b) Buyer has reviewed auction registration terms and has authority to bind Buyer; (c) any buyer's premium or auction fees shown on the auction terms will be paid by Buyer in addition to the Offer Price unless otherwise stated herein.

Condition of Property: Buyer accepts the Property "AS IS, WHERE IS" with all faults except as expressly provided in this Offer. Seller makes no warranties as to condition, habitability, or fitness for a particular purpose unless expressly set forth in a signed amendment.

Broker / Commission:

Title, Closing and Possession

Title to be conveyed by:

Title Insurance: Buyer to obtain and pay Seller to provide and pay standard owner's policy

Disclosures and Representations

Lead-Based Paint Disclosure: Yes No

Known Mold or Water Intrusion: Yes No

Prior Structural or Material Damage (fire, flood, termite, etc.): Yes No

Default, Remedies and Miscellaneous

If Buyer defaults, Seller may retain earnest money as liquidated damages or pursue specific performance or other remedies at law or in equity. If Seller defaults, Buyer may seek return of deposit, specific performance, or other remedies. Prevailing party in any enforcement action is entitled to recover reasonable attorney's fees and costs as awarded by the tribunal.

Entire Agreement: This Offer, together with any written acceptance and any auction terms incorporated by written reference, constitutes the entire agreement between the parties and supersedes prior negotiations. Amendments must be in writing and signed by both parties.

Governing Law: This Offer and any resulting purchase agreement shall be governed by the laws of the state where the Property is located.

Buyer Acknowledgment

By executing below, Buyer certifies that Buyer has examined the Property to Buyer’s satisfaction or has waived such inspection rights to the extent permitted; Buyer has full authority to execute this Offer; and Buyer will comply with the auction terms. Buyer acknowledges receipt of any mandatory disclosures provided by Seller prior to execution.

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