Commercial Real Estate in Towanda, Kansas - 24' x 80' Building and Corner Lot on Main Street

GENERAL TERMS AND CONDITIONS FOR BUTLER COUNTY AUCTION, LLC.

THIS IS AN ONLINE ONLY AUCTION BOUND BY ALL LEGAL RIGHTS AND REMEDIES IN THE STATE IN WHICH THE AUCTION OCCURS.

DO NOT BID IF YOU CANNOT AGREE TO THE TERMS OF THIS CONTRACT OR ARE NOT ABLE TO PAY AND PICK UP YOUR ITEMS WITHIN THE SPECIFIED TERMS OF EACH AUCTION.

Auction will end on December 2, 2019 at 2:30pm. A public preview day will be held on Monday, December 2, 2019 from 10:00 am to 2:00 pm. Property will be sold as is, where is with no warranties expressed or implied and subject to United States Bankruptcy Court and seller approval. Non-refundable earnest money and a signed contract is due from the high bidder at the time of auction close in the form of certified funds in the amount $5,000 to be delivered to Butler County Auction no later than 3:30 pm on Monday, December 2, 2019. A 15% Buyer‘s premium will be added to the final bid. Any information provided or to be provided by seller or seller‘s agents was obtained from a variety of sources and neither seller nor seller‘s agents have made any independent investigation or verification of such information and make no representation as to the accuracy or completeness of such information. Taxes and Special Assessments to be verified with Butler County. Don't miss out on this investment opportunity! Commercial corner lot with an 80 x 24 metal building right on main street in downtown Towanda, Kansas. The building is constructed with a steel frame, has a concrete floor, and is well insulated with 3 oversized garage doors, and a bathroom included. The possibilities are endless here! Don‘t miss your chance. 

AUCTION CLOSING DATE:

The auction will close according to the terms listed specifically within each auction. Any terms or conditions listed for a specific auction will supersede those listed within the general terms in this agreement. Along with closing date and time, item inspection, location and removal times will also be listed for that specific auction.

BUYERS PREMIUM/SALES TAX:

Beginning with auctions ending March 1, 2010 and henceforth, a fifteen percent (15%) buyer’s premium will be added to each purchase. If you bid $100.00, at checkout you will be charged $115.00 plus sales tax based on the location of the auction. If tax exempt, contact BUTLER COUNTY AUCTION, LLC to provide tax exempt form.

PAYMENT:

Non-refundable earnest money and a signed contract is due from the high bidder at the time of auction close in the form of certified funds in the amount $5,000 to be delivered to Butler County Auction no later than 3:30 pm on Monday, December 2, 2019.

SECURITY POLICY:

Your payment and personal information is always safe. Our Secure Sockets Layer (SSL) software is the industry standard and among the best software available today for secure commerce transactions. It encrypts all of your personal information, including credit card number, name, and address, so that it cannot be read over the internet.

REMOVAL:

Once an auction has ended, the items become the property of the winning bidder (buyer). Buyer assumes all risk of loss and damage to property from that point forward including at the premises of the sale. The removal date and time will be posted on the terms for each individual auction. REMOVAL TIMES ARE ABSOLUTE and IF YOU CAN NOT REMOVE YOUR ITEMS DURING SCHEDULED PICK-UP TIMES, DO NOT BID! Failure to remove purchased items during time allotted pick-up time will result in a storage fee of $100.00 per day per invoice. Items remaining at sale location after 7 days will be considered abandoned. Ownership of item will then revert to party with primary vested interest in the item to sell or dispose of item as it sees fit. Any funds paid shall be forfeited to satisfy terms of sale. The buyer agrees to pay all deficiencies, legal, collection and other fees including transportation and storage expenses associated with delinquent accounts or abandoned/forfeited items. Premiums and fees remain applicable.

BID NOTIFICATION:

If you have been outbid you will be notified by email ONLY until the day before the auction ends. The email outbid notifications will not be sent for an auction beginning at midnight (EST) on the day of the auction ending. To quickly review your bids and see if you are the winning bidder, you can utilize the and Review Bids feature. Items which you have been outbid on will be marked.

WINNING BIDDER NOTIFICATION:

Notification of items won will be sent to you ONLY by email. It is the buyers responsibility to check your email

(it may be necessary to check junk/spam email folder.)

CAUTION TO THE BIDDER:

For demonstration purposes, various pieces of equipment may be joined together. Do not assume a lot consists of more than one item simply because they are connected together. You are bidding on the item as it is described and not the item in the photo. BUTLER COUNTY AUCTION, LLC makes an effort to ensure the descriptions are accurate and the photos match as well. However, an error can occur in the listing and in that case it will be the description and not the photo that will be the item won. If you feel there is a discrepancy or error between a listing and a photo, contact BUTLER COUNTY AUCTION, LLC for clarification and notification of error.

WARRANTY & CONDITIONS OF ITEMS SOLD:

All items are sold AS IS, WHERE IS, with NO WARRANTY expressed or implied by the lot number affixed to the item. This sale is to the business community as equipment and inventory without any implied or expressed warranty. Descriptions are believed to be accurate but not guaranteed. When not certain of the condition or use of an item, please bid accordingly and utilize inspection times.

CHOOSE WISELY:

We want everyone to get a good deal, and most will. However, when you bid on the wrong item or decide an item is not suited for your intended use, our clients are not willing to assume the cost of your mistake. Once bidding ends, the item is contractually sold to the highest bidder and that item is the buyers property. When in doubt about condition, completeness or suitability for intended use, please bid accordingly. BUTLER COUNTY AUCTION, LLC reserves the right to add or remove items from an auction, split or combine lots, add minimum bids or reserve prices, cancel, suspend, extend or reschedule an item and/or auction event, and make changes to the auction closing, inspection, or removal times. Any controversy or claim arising out of or relating to this contract and/or agreement, or breach thereof, shall be settled by arbitration in accordance with the Commercial Arbitration Rules of the American Arbitration Association, and judgments upon the award rendered by the arbitrator(s) may be entered in any court having jurisdiction thereof.

LIABILITY:

BUTLER COUNTY AUCTION, LLC and Sellers liability shall be limited to the refund of bidders purchase price.

LIMITATIONS:

The above-stated Terms and Conditions for BUTLER COUNTY AUCTION, LLC cannot be altered except in writing by BUTLER COUNTY AUCTION, LLC