Unreserved Online Timed Real Estate Auction of ±34 Quarters Including Feedlot 23DJ

Parcel 8: ±161.46 acres - NE 4-15-7 W2

Auction begins in :

Bidding Opens:

9 AM Tue

Apr 4, 2023

Bids Start Closing:

9 AM Thu

Apr 6, 2023

If you have trouble registering or bidding online, please contact our office at 780-542-4337
For more information about the property please call Real Estate Centre at 780-446-3006

How to Bid Online Video

How to Register Video

By the Numbers

161

Acres

Title

Image Gallery

Property Summary:

Legal Description: NE 4-15-7 W2
Land Size: ±161.46 acres
Property Taxes: $563.39 (2022)
Property ID: 23DJ08001-008
Municipality: RM of Chester # 125, SK
Neighbourhood: Grenfell
Title: Freehold
Land Use Zoning: AG
Deposit: $15,000
Possession: Apr 28, 2023

Supporting Documents:

All Properties Information Package (PDF)

Property Detail:

Property Type

Agricultural

Additional Property Info

ISC # 108217649, titled acres 161.46. Soil F
Assessment $ 195,300.00.
SAMA cultivated acres 130. Waste acres 30.
Manured in 2012, 2014, 2015, Fall 2017, Fall 2019.
Crop 2022; peas

Location

Legal

Note to Bidders

When registering to bid you will be required to have a Letter of Confirmation of Funds from your bank. Letter of Confirmation must be on Bank Letterhead with your name & or company name & amount of funds you have access to that you wish to spend up to. This letter of confirmation will have to be emailed to TEAM Auctions.
Internet Bidding Fees: 10% up to a max of $5,000 per item.
If you are the successful bidder, to meet the obligations set by the federal government, you will be asked to verify your identification. You will also need to provide us with your lawyer info to complete the real estate transaction.

Highlights of Purchase Contract

Completion Day

April 28, 2023

Deposit

$15,000 bank draft or approved payment payable to Real Estate Centre due from successful bidder upon close of bidding / signing of purchase contract. Cash and virtual currency will not be accepted.

Partial Terms and Conditions

UNRESERVED: The seller has agreed to accept the highest bid regardless of price. Property will sell to the highest bidder without minimum or reserve.
AGENT OF THE SELLER: Real Estate Brokerage acts only as agent of the seller and not as agent of the Buyer. They will provide prospective buyers with all facts known to the agent that will or may affect the marketability or value of the property.
NO WARRANTY: The Buyer shall accept the Property as-is where-is and specifically agrees that neither the Seller, Auctioneer or Realtor makes any representations or warranties of any kind as to the condition or fitness of the Property, environmental or otherwise, or any improvements thereon.
It is the RESPONSIBILITY OF ALL BIDDERS to review all information provided, including “Property Information Package” from the Real Estate Brokerage and the terms of this auction. All information provided is meant as a guide only. Bidders shall have satisfied themselves as to the descriptions, location and condition of the property prior to bidding. If clarification is required, it is the bidder’s responsibility to obtain clarification from Real Estate Brokerage prior to bidding.
GST: Bid price does not include any applicable GST unless announced otherwise by auctioneer.
DEPOSIT: Immediately at the close of bidding the successful bidder will make a NON REFUNDABLE deposit payable to the real estate brokerage (as listed in the Property Information Package) in the form of a bank draft or other approved payment. Amount is listed in Property Info Package/or as announced by auctioneer.
PURCHASE CONTRACT: The Real Estate Purchase Contract that applies to each property will be available for inspection prior to the auction. Title(s) will be clear of encumbrances except those which are to remain on the title. All bidders agree that, should their bid be accepted, they will complete and be bound by the terms of the purchase contract. Buyer will pay the balance of the purchase price to their lawyer on or before Completion Day. Possession will be in accordance with the terms of the Purchase Contracts. Note: These contracts will not be subject to any buyer’s conditions.