Auction Terms & Conditions Auction Terms & Conditions Auction Terms & Conditions Internet Bidding is available by logging on to www.acceleratedlisting.com to register. Neither the auction company or the seller is responsible in the event of loss of signal by either side. Terms/Conditions: 8% non-refundable deposit is to be placed in escrow the day of the auction with the balance being due upon delivery of marketable title. Disclaimer: All information is taken from sources believed reliable; however, no guarantee is being made by the auction company or the seller. Buyers should satisfy themselves as to any inspections prior to bidding. All financing must be in order prior to bidding. Any announcements made the day of the auction supersede all advertising. No personal property is included in the sale. Questions will be entertained only prior to the Live Auction Date. It is the sole responsibility of the Buyer to have conducted inspection prior to auction day. Bidders are strongly encouraged to carefully examine all properties before placing a bid. A buyer's premium of eight percent (8%) of the high bid will be added to the bid to determine the final sales price. The buyer will also incur standard closing costs, as with any purchase of real estate in the state of Florida as outlined in the As-Is Purchase Agreement and Auction Addendum. All properties are is sold subject to owner confirmation. All properties are is sold "AS IS" with no contingencies. The property will sell free and clear of all liens and encumbrances. We will require a credit card for pre-bidder verification purposes only. Auction Company will contact the winning bidder by phone at the conclusion of the live auction with detailed payment instructions. If an internet bidder becomes the winner, they will sign and return a real estate sales contract immediately after the closing of bids or fully accepted offer, transfer by wire deposit 6% of the high bid amount immediately after acceptance of offer. THERE WILL BE NO BID RETRACTIONS. SERIOUS BIDDERS ONLY. $5000.00 non-refundable deposit is due at the conclusion of the live auction with the balance due at closing. Live Auction deposit payment must be made in the form of cash, certified funds, cashier's check, or money order. A personal or business check may only be accepted as payment if accompanied by a Bank Letter of Guarantee, and only if approved by Auctioneer or cashier prior to the auction. Buyer acknowledges that Accelerated Listing Real Estate Auctions LLC represents the Seller and the payment of the Buyer's premium does not constitute a relationship of dual agency. Accelerated Listing Real Estate Auctions LLC, its employees, and subcontractors are acting as the "Agent" for the seller. Any disputes over titles or other ownership provisions is between the Buyer and the Seller. Buyer agrees to hold harmless and indemnify Accelerated Listing Real Estate Auctions LLC, its employees, subcontractors, its agents, and employees from any claims or damages which might result from any auction. The seller can choose to withdraw the property for sale before the auction. They may also choose to accept an offer before auction day provided the price and conditions are acceptable to them. All conditional offers will automatically be disqualified. However, you may submit a conditional offer. In the event there is one or more valid offers submitted, your conditional offer will not be eligible for consideration. However, in the event your conditional offer is the only offer and/or all offers submitted are conditional in nature, the Seller is under no obligation to accept any conditional offer, regardless of price, but may choose to work toward acceptance with the best conditional offer submitted, at the Seller's sole and absolute discretion. Accelerated Listing Real Estate Auctions LLC attempts to describe the properties to the best of our abilities however we make no representations or guarantees. In no event shall Accelerated Listing Real Estate Auctions LLC be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Nor shall we be responsible for any errors or omissions in the description of the properties. Accelerated Listing Real Estate Auctions LLC (Auction Company) is providing Internet Pre-Bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly. Under no circumstances shall bidder have any kind of claim against Auction Company or anyone else if the Internet service fails to work correctly during the online auction. Auction Company will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bid is acknowledged should use the proxy bidding feature and leave their maximum bid at least 24 hours before the pre-bidding closes. The information contained in the property information package is to the best knowledge of the provider or was compiled from public information. It is provided to you without warranties or representations of any kind. This property is offered as is and where is, with all faults. No warranties or representations are made in connection with the property whatsoever. Seller has authorized to refuse bidding privileges to persons that do not qualify or to those that will not comply with bidding procedures. Additionally, sellers reserve the right to refuse showing or attending open house invitations. Bidder hereby acknowledges that Accelerated Listing Real Estate Auctions LLC may expel any person from the auction site for any reason whatsoever. All bidders participating in the auction process agree that they have read and fully understand these terms and agree to be bound thereby. These terms are in addition to any other posted information, verbal announcements and are subject to the terms of the Agreement of Purchase and Sale. All announcements made prior to the live auction take precedence over any and all written or verbal statements. AGENTS: Broker Participation Forms must be received 24 hours prior to auction date. They can be found in the MLS Attachments.

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