SE-21-51-8-W4 - County of Minburn
SOLD
925,000.00CAD+ applicable fees & taxes.
This item SOLD at 2024 May 01 @ 10:39UTC-6 : CST/MDT
Did you win this lot?
A full invoice should be emailed to the winner by the auctioneer within a day or two.
BIDDING OPENS AT 2:00 PM, CLOSES AT 3:00 PM with 2 MINUTE extensions should last minute bids take place.
SEEDING SEASON IS HERE - Add these IMMEDIATE ACRES! This quarter section located north east of Mannville (TWP RD 514 / RR 83, SOUTH) has approximately 134 cultivated acres (18+116) with active power (~$105 per month to Direct Energy) to the original yard site still in place for your future needs. Annual taxes of just $610.24. Note: As you will see on the title in the documents section Insignia Energy Ltd (982 125 594) and Pointbreak Resources Inc (022 255 084) both have right of way caveats on the title however the seller does not receive any financial gain from these.
Location:
https://rem.ax/43YPSNH
Successful high bidder will have full access to the land upon deposit as per published purchase contract is received to insure the seeds can get in the ground in a timely manner.
Bidding opens at 2:00 PM with closing commencing at 3:00 PM. Once the high bid is captured, Shawn Jacula will reach out directly to the high bidder only to make arrangements to complete transaction paperwork. THIS LAND WILL SELL TO THE HIGH BIDDER ON APRIL 30th, 2024.
Please respect the Sellers choice to sell the land, all inquiries are to be directed to the real estate agent.
FOR TECHNICAL SUPPORT CALL: 1-866-313-0123
Auction Location:
RPR Auction, see item description for property location details, Alberta, Canada
Buyer's Premiums:
| From (Incl.) |
To (Excl.) |
Premium |
| 0.00 |
Infinite |
0% |
Additional Fees:
Shipping Details:
No Info Available
Payment Details:
As per published Purchase Contract $50,000 due to seller's lawyer by May 7, 2024
Accepted Payment Methods:
1. Registration and Bid Acceptance:
By registering and accepting a Bid Number, participants acknowledge and agree to abide by the Terms and Conditions outlined herein. Registration is required for each auction.
2. Financial Documentation:
Once registered to bid, request for financial pre-approval will be requested via email.
3. Payment:
All payments must be made in Canadian funds. Deposit payment methods include certified cheque or bank draft. G.S.T. will be charged in addition to the accepted bid amount where applicable.
4. Faciliators's Decision:
The highest bid acknowledged by the Facilitator/Auctioneer will be considered the winning bid. In the event of a dispute, the Auctioneer reserves the right to determine the successful bidder or re-offer the lot at their discretion.
5. Solidifying Transaction:
Both Purchaser and Vendor must sign an agreement of sale with written sale terms. No bidder may retract a bid once made and accepted.
6. Property Information:
The property information is based on third-party sources, and RE/MAX Prairie Realty cannot guarantee accuracy. Buyers are advised to confirm the property's suitability for their intended use.
7. Item Condition:
All items are sold "as is" and "where is," and the risk transfers to the buyer once the Auctioneer declares the item sold. All sales are final and binding.
8. Auctioneer's Announcements:
Announcements made by the Auctioneer on the sale day take precedence over printed material.
9. Liability Release:
RE/MAX Prairie Realty will not be held responsible for any injuries sustained by individuals while inspecting the land or during the sale. By registering, participants release RE/MAX Prairie Realty from any legal or financial encumbrances.
10. Force Majeure:
In the event of a situation beyond our control (e.g., power outage, cellular provider issues, internet connection failure), RE/MAX Prairie Realty reserves the right to delay the auction closing until issues are resolved. Additionally, RE/MAX Prairie Realty reserves the right to reopen bids on lots that closed during the issue. The best interests of both sellers and buyers will be prioritized in such situations.
11. Notification to Successful Bidders:
Successful highest bidders will be notified of their success at the sale's expiration and contacted by email after the sale. The email will provide information on the process for delivering the signed Offer to Purchase (OTP) and the deposit amount.
12. Non Completion:
In the event the high bidder does not complete, RE/MAX Prairie Realty and the Seller reserve the right to mitigate damages. The Defaulting Party agrees to pay liquidated damages to the Seller and RE/MAX Prairie Realty, including a non completion fee of 10% of the ending sale agreed upon price.
13. Seller's Approval:
All highest bids are conditional on the Seller's approval. Bidders acknowledge bidding on both price and terms of the Offer to Purchase, agreeing to read and understand posted Offer to Purchase for each Parcel.
14. Acknowledgment by Bidders:
Bidders confirm they have had the opportunity for independent legal advice, fully understand the transaction, bid freely and voluntarily, and bid for their benefit.
Thank you for your trust!