SOLD
Winning Bid Undisclosed
This item SOLD at 2023 Mar 02 @ 17:10UTC-7 : PDT/MST
Did you win this lot?
A full invoice should be emailed to the winner by the auctioneer within a day or two.
A Buyer's Premium of 7.5% will be added to the final bid and will constitute a portion of the selling price.
The Successful Bidder will be required to complete a UNCONDITIONAL Purchase Contract and forward a non-refundable 10% deposit within 48 hours of the completion of the auction which the office of Miller Thomson will present to the Court. There is a reserving right to accept or reject the final bid by the courts.
Property is sold as is, where is, no representations and warranties given.
Auction Location:
Box 6129, High River, Alberta, T1V 1P7, Canada
Previewing Details:
Contact Hansen Land Brokers Inc. for previews, showings, and open houses.
A Buyer's Premium of 7.5% will be added to the final bid and will constitute a portion of the selling price. The 7.5% Buyer's Premium plus GST will be retained by the Brokerage as commission for their services rendered. The buyer will be responsible for any and all GST if applicable.
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
7.5% |
Additional Fees:
Shipping Details:
No Info Available
Payment Details:
No Info Available
The Auction will commence on March 2, 2023 at 12:00 noon MDT and conclude with a soft close at 5:00 pm on March 2, 2022. In the event a bid is received within 2 minutes of the closing time, an additional 2 minutes will be added to the sale time and will continue as such until a 2 minute interval has been reached without any bidding taking place. The auction will be conducted pursuant to the following terms:
SELLERS RIGHTS FOR ACCEPTED BID
S1. The Successful Bidder will complete a Purchase Contract within 48 hours of the completion of the auction which the office of Miller Thomson will present to the Court. There is a reserving right to accept or reject the final bid by the courts.
The Auction will be conducted pursuant to the following terms:
1.PLATFORM: The Online Auction will be accessed on the Internet using the platform of www.liveauctionworld.com via HansenLand.ca.
2.BIDDERS MUST PRE-REGISTER: All bidders will be required to pre-register prior to participating in the auction and the registration will include confirmation of a valid credit card as well as the collection of Purchaser's Bank and Banker contact information. Bidders will have customer status as set out in Real Estate Council of Alberta’s Consumer Relationship Guide. https://www.reca.ca/wp-content/uploads/2019/03/Consumer-Relationships-Guide-Form-New-logo-2018.pdf
3.BUYER'S PREMIUM & COOPERATING BROKERS: A Buyer's Premium of 7.5% will be added to the final bid and will constitute a portion of the selling price. The 7.5% Buyer's Premium plus GST will be retained by the Brokerage as commission for their services rendered. Hansen Land Brokers Inc. cooperates with other brokers and offers 1% of Final Sale Price as compensation. In order to qualify for the commission the Agent must contact Hansen Land Brokers Inc. to register their bidder prior to their client registering as a bidder in the sale.
4.GST: Applicable GST (5%) will be added to the final purchase price and will be calculated into 2 categories: the portion of the selling price that excludes the Buyer’s Premium and the portion that constitutes the Buyer’s Premium.
5.TITLE: The Title(s) shall be free and clear of all financial encumbrances except those implied by law including easements, utility rights-of-way, restrictive covenants and conditions that are normally found registered against property of this nature.
6.AS IS WHERE IS: The Purchaser shall accept the Property “AS IS”, “WHERE IS” NO WARRANTIES GIVEN, and “WITH ALL FAULTS” as of the closing date and the Purchaser specifically agrees that neither the Seller nor Hansen Land Brokers Inc. (The Brokerage) or Live Auction World make any representations or warranties of any kind whatsoever, expressed or implied, to the Purchaser as to the value, condition or fitness of the Property, environmental or otherwise, or any part thereof or improvements thereon. All descriptions, measurements and acreage provided by the Vendor and the Brokerage are to be used as a guide only. The Purchaser acknowledges and agrees that it is the Purchaser's sole responsibility to make such legal, factual and other inquiries, inspections and investigations as the Purchaser considers necessary prior to bidding on the Property, and Purchaser will warrant and represent that he shall have satisfied himself as to the location and condition of the Property, and all descriptions with respect thereto, prior to bidding, and that he has had the opportunity to do so.
7.RIGHT TO CANCEL, POSTPONE OR WITHDRAW: Hansen Land Brokers reserves the right to cancel, postpone or withdraw the Property(s) up to the start of the auction.
8.FOREIGN OWNERSHIP- Foreign citizens and foreign controlled corporations may own or beneficially own up to 2 parcels of controlled land not exceeding 20 acres in total. Canadian citizens and permanent residents (landed immigrants) aren't affected by the Regulations. See: https://www1.agric.gov.ab.ca/$department/deptdocs.nsf/all/ofa16521/$file/foreign.pdf?OpenElement
9.COMPLETION DAY: Completion Day will be determined by the Court.(30 days after Court acceptance, or otherwise agreed upon date by the buyers and sellers.) Completion and closing of the real estate transaction will be handled by the Vendor’s lawyer. The Purchaser will be required to retain the services of a lawyer to complete the transaction, to ensure the purchase is executed by the closing date (“Completion Day”) The Purchaser and the Vendor shall be responsible for their own legal fees.
10.SUCCESSFUL BIDDER REQUIREMENTS: Each successful bidder will be required to complete an unconditional Purchase Contract within 48 hours of the closing of the Auction. There is a reserving right to accept or reject the final bid by the Court of Queen bench.
11.DEPOSIT: The Offer is to be accompanied by a 10% Deposit. Both Offer and Deposit are to be received within 48 hours of the conclusion of the Auction. All Deposits will be held in accordance with the terms of the signed Purchase Contract. The Deposits must be held in Trust according to the Real Estate Act of Alberta. The Deposit(s) will be non-refundable.
12.TERMS OF TRANSFER: The Property will be transferred upon Completion Day “AS IS, WHERE IS. NO WARRANTIES GIVEN.”
13.SETTLEMENT OF DISPUTES: Hansen Land Brokers Inc. may, in the event of any dispute between bidders, determine the successful bidder or re-offer the subject Property for auction. Should there be any dispute after the Auction, The Live Auction World's record of the High Bid, and the Purchase Price shall be conclusive to resolve the dispute.
14.LAWS IN OF PROVINCE OF ALBERTA: The respective rights and obligations of the parties with respect to these Terms and Conditions and the conduct of the Auction shall be governed, enforced and interpreted by the laws of the Province of Alberta, without regard for conflicts of law principles.
15.DISCLOSURE: Hansen Auctions is a wholly owned subsidiary of Hansen Land Brokers Inc. which is a licensed real estate company in the Province of Alberta and a member of the Calgary Real Estate Board.
16.ACCEPTANCE OF TERMS AND CONDITIONS: By registering as a bidder with Hansen Land Brokers Inc., Hansen Auctions and liveauctionworld.com, you accept and agree to be bound by all of the terms and conditions as indicated above.