Real Estate Auction Registration

REAL ESTATE AUCTION REGISTRATION

Registration No.:    Auctioneer:

Property Identification

Auction Details

Auction Date: / /

Bidder Information

Entity Type: Individual Corporation LLC Trust Other

Proof of Funds / Pre-Approval Provided: Yes No

Registration Deposit and Payment

Registration Deposit Amount (to accompany this form): $

Form of Payment: Cashier's Check Wire Transfer Credit Card ACH Other

Deposit Due: Upon registration    Apply deposit to purchase price at closing: Yes

Refund Policy: I acknowledge that the registration deposit will be held subject to the Auction Terms and Conditions. Deposit is refundable only if the property is not sold at auction or as otherwise required by the Auction Terms and Conditions. If I am the successful bidder and fail to close, I will forfeit the deposit and remain liable for additional damages as described below.

Terms, Acknowledgements and Disclosures

Condition of Property: I acknowledge and agree that the property is sold AS-IS, WHERE-IS, with all faults and without representation or warranty by the Seller or Auctioneer, except as expressly set forth in any written contract executed at closing. I have had the opportunity to inspect the property and to obtain reports and independent advice.

Inspection Period: I understand inspections, if any, must be completed prior to bidding and that the Auctioneer and Seller are not obligated to allow post-auction inspections.

Financing Contingency: I understand that auction purchases may be subject to the Auction Terms and Conditions that limit or eliminate financing contingencies. If financing is required, I must provide evidence of funding or pre-approval as required by Auctioneer prior to bidding. Failure to close for any reason other than Seller default will result in purchaser liability for damages, including forfeiture of the deposit.

Lead-Based Paint / Hazardous Conditions: For properties constructed prior to 1978 or otherwise known to have potential hazards, indicate below:

Lead-based paint disclosure provided: Yes No

Known prior material damage (water, fire, structural): Yes No

Bidding and Acceptance: I understand the Auctioneer has the sole discretion to accept or reject bids, to combine or divide lots, to withdraw the property from sale, and to impose bid increments. The highest accepted bid constitutes a binding contract subject to the Auction Terms and Conditions.

Remedies for Default: If I am the successful bidder and fail to close within the time required, I acknowledge that the Seller may retain the deposit as liquidated damages or seek specific performance or other remedies available at law or equity.

Governing Law: This Registration and any dispute arising under it shall be governed by the laws of the state in which the Property is located, and venue shall be in a court located in that state unless otherwise agreed in writing.

Entire Agreement and Severability: This Registration, together with the Auction Terms and Conditions provided at registration, constitutes the entire agreement between the parties with respect to registration and supersedes all prior arrangements. If any provision is held unenforceable, the remaining provisions shall remain in full force and effect.

Authorization to Conduct Checks: I authorize the Auctioneer and its agents to verify information contained in this Registration, including credit, identity verification and background checks where permitted by law. I certify that the information provided is true and correct to the best of my knowledge.

By signing below I consent to receive notices and communications related to this Auction and purchase transaction by electronic means, including email, and agree that electronic signatures shall be binding.

For Auctioneer Use Only

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