Real Estate Auction Registration Form

REAL ESTATE AUCTION REGISTRATION FORM

Auction Event Information

Auction Name:

Auction Date:    Auction Time:    Auction Location:

Auctioneer / Firm:

Property Identification

Year Built (if known):    Occupancy Status: Occupied Vacant

Registrant / Bidder Information

Individual    Corporation    LLC    Trust    Partnership    Other:

Registration, Deposits and Payment

Registration Fee: $    Bid Deposit / Earnest: $

Deposit Due By:    Acceptable Payment Methods: Wire Transfer Cashier's Check Credit Card Cash

Bidding Authority & Absentee / Proxy

Registering to bid: Yes    Registering as agent for another party: Yes

Absentee/Proxy Bid Requested: Yes    No

Terms, Acknowledgements and Conditions of Registration

By registering, the registrant acknowledges and agrees that all bids placed by the registrant or on the registrant's behalf are irrevocable offers to purchase subject to the Auction Terms and Conditions. The registrant agrees that a successful bid constitutes a binding contract of sale upon the fall of the hammer or other acceptance by the auctioneer.

Property is offered and sold AS IS, WHERE IS, with all faults and defects. Seller and auctioneer make no representations or warranties of any kind, express or implied, including but not limited to condition, habitability, zoning, fitness for a particular purpose, or the existence of hazardous materials. Purchaser is responsible for investigation and inspection prior to bidding.

Purchaser's Premium: (to be added to the high bid unless otherwise stated)

Closing Deadline: Purchaser must close escrow and fund the purchase no later than calendar days after the auction, unless otherwise stated in the auction terms. Failure to close entitles seller to retain deposits as liquidated damages and pursue other remedies permitted by law.

Inspection Period: All inspections and due diligence must be completed prior to bidding. No contingencies for financing, appraisal, or inspection will be accepted after the fall of the hammer unless expressly provided in writing prior to auction.

Registrant authorizes the auctioneer and seller, and their agents, to verify financial and identity information as necessary to validate this registration and to require immediate deposit upon being declared high bidder. Registrant further agrees to indemnify and hold harmless auctioneer and seller from any loss, claim or liability arising from registrant's bidding or purchase.

Property Disclosures (as known to seller)

Lead-based Paint (for properties built before 1978): Yes No

Known Mold or Water Intrusion: Yes No

Prior Structural or Fire Damage: Yes No

Environmental Hazards or Notices (e.g., underground tanks, contamination): Yes No

Default, Remedies and Governing Law

If purchaser fails to comply with the purchase contract, including failure to close or timely remit required funds, purchaser shall forfeit all deposits paid as liquidated damages, and seller may pursue all remedies available at law or in equity, including specific performance. The parties agree that these remedies are cumulative.

Governing Law: This Registration and any resulting contract of sale shall be governed by the laws of the state of .

Entire Agreement: This Registration, together with the Auction Terms and Conditions provided at registration, constitutes the entire agreement between the registrant and auctioneer with respect to the subject matter and supersedes all prior agreements and understandings.

Certifications and Signature

By signing below, the registrant certifies under penalty of perjury that the information provided in this Registration is true and correct, that the registrant is authorized to bind the named registrant or entity, that the registrant has received and reviewed the Auction Terms and Conditions, and that the registrant has sufficient funds or financing in place to complete a purchase in the event of a successful bid.

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