Terms & Conditions BIDDER REGISTRATION: To be approved to bid a $5,000.00 credit card hold is required. The successful bidder must place a non-refundable cashier's check for 10% of the gross sales price of the property with the title company on December 5, 2014. The cashier's check should be made payable to the title company. PROPERTY INSPECTION, DOCUMENTS, AND WARRANTIES: The property is being sold as-is, where-is. The property is being offered for sale un-repaired and without any expressed or implied warranties. Auctioneer and Seller assume no liability for errors or omissions in this property listing or the advertising or promotional statements and materials. Although information has been obtained from sources deemed reliable, the Seller and the Auctioneer make no guarantees as to the accuracy of the information herein contained. Bidder affirms he has read and understands the terms of the auction and that if there are any risks, those risks are assumed wholly by the bidder and holds the Auctioneer and Seller without blame. It is the responsibility of the bidder to inspect the premises prior to the sale and to satisfy him or herself as to the physical condition of the premises. The property will be available for inspection on December 3, 2014 from 12 Noon-4:00 PM Pacific Time. Bidder should also make a thorough review of the documents concerning the property. The following documents, if applicable, are available upon request: Purchase Agreement and Preliminary Title Report. Upon registration for this auction bidder affirms that it is the bidder's sole responsibility to inspect the property and examine the preliminary title report prior to placing a bid for the property. BID ACCEPTANCE: The property is being sold subject to Seller confirmation. The Seller reserves the right to accept, counter, or reject the high bid. DOWN PAYMENT: The successful bidder must provide a total of 10% of the gross sales price as a non-refundable down payment on December 5, 2014. Deposit will be held with the title company. FINANCING: All sales will be for cash. Any and all outside financing which will delay the closing beyond the allotted time period following the auction must be arranged and approved in writing by the Seller at the time the down payment is placed with the title company. PURCHASE AGREEMENT: The successful bidder will be required to complete a purchase agreement as soon as the auction has closed. Acceptance of the agreement is subject to approval by the Nevada Securities Division. ESCROW AND INSURANCE COSTS: A preliminary title report will be available upon request prior to the auction closing time to show the insurability of the real property. The buyer and the seller will be responsible for each of their respective closing costs. CLOSING: The sales transaction shall close no later than December 18, 2014 unless extended, in writing, by the Seller. The non-refundable earnest money will be forfeited as liquidated damages for all sale transactions not closing within the allotted time period unless extended within the written consent or otherwise designated in the purchase agreement. PRORATIONS: Assessment and general property taxes shall be prorated to the closing date of the sale. A copy of the preliminary title report may be inspected, by request, prior to the closing date and time of the auction, to show the assessments and taxes. Bidder acknowledges that all information given by him/her in the Bidder registration process is of a true and accurate nature. Falsifying information at any time is grounds for termination from current and future auctions without prior notice to the Bidder and may result in legal action by the Seller and/or Auctioneer. Seller and/or Auctioneer reserve the right to reject a Bidder’s registration application and/or bids for any reason in their sole discretion without prior contact to the Bidder. INJURY AND DAMAGE: Bidder acknowledges responsibility for any personal injury or property damage caused by Bidder or his agent, and further agrees to hold Auctioneer and Seller harmless for any personal injury to himself or his agents and any property damage incurred on the site premises. GOVERNING LAW: This Auction shall be conducted subject to Nevada Law. Any laws that apply, both Federal and State will be subject to Nevada Jurisdiction. Auctioneer is providing services as an independent contractor for the Seller/Owner only and is not responsible for statements made by other parties. As a Bidder you are responsible for any bids placed under your bidding number and password. The security of your Bidder information is your sole responsibility. If at any time you feel that your bidder number and password have been compromised due to lack of security on your part, you must notify the Auctioneer immediately. Bidders who bid and are not present to preview the property understand and acknowledge that they may not be able to inspect an item as well as if they examined it in person. TNT Auction and the Seller shall endeavor to describe in detail each item and any pertinent information about it. TNT Auction and the Seller will not be responsible for any errors or omissions in the description of the property. Bidder agrees that the property is sold as is and that they may not opt out of the sale once they are the successful bidder. TNT Auction and the Seller are providing Internet proxy and live online bidding as a convenience to Bidder. Bidder acknowledges and understands that this service may or may not function correctly at time of auction closing. Under no circumstances shall Bidder have any kind of claim against TNT Auction or anyone else if the Internet service fails to work correctly before or during the closing of the auction. TNT Auction and the Seller will not be responsible for any missed bids from any source. Auctioneer and Seller cannot, and will not, be held responsible for any interruption in service, errors, and/or omissions, caused by any means and does not guarantee continual, uninterrupted or error free service or use of the Site. Bidder acknowledges that, if they are taking part in the auction electronically, the nature of the auction relies on hardware and software that may malfunction without warning. The Auctioneer and Seller, in its sole discretion, may void any sale, temporarily suspend bidding and re-sell any unit(s) that may have been affected by any malfunction. This decision of the Auctioneer and Seller is final. PLEASE CHECK OUR WEBSITE FOR A CALENDAR OF OUR UPCOMING AUCTIONS! www.tntauction.com