Terms and Conditions
- Introduction
Welcome to Frontier Land Auctions,
By Accepting the Terms & Conditions of this auction you acknowledge and agree you are entering into a legal and binding contract. PLEASE READ WITH CARE.
2. Definitions
- "Seller" refers to the landowner listing a property for tender.
- "Buyer" refers to any individual or entity submitting a bid for a listed property.
- "Tender Process" refers to the open on-line bidding system used to facilitate property sales.
- "Winning Bid" refers to the highest or most favorable bid accepted by the seller.
3. Participation in the Tendering Process
- All participants must be at least 18 years old and legally eligible to engage in real estate transactions.
- Buyers must conduct their own due diligence on listed property(s) before submitting a bid.
- All bids must be submitted before the stated deadline. Late bids will not be considered.
- Sellers reserve the right to accept, reject, or negotiate any bid at their sole discretion.
4. Bid Submission & Acceptance
- Bids must be submitted in the prescribed format and accompanied by any required documentation.
- All bids are unconditional and legally binding and once submitted, cannot be withdrawn or altered without prior approval.
- The seller is not obligated to accept the highest bid but may consider various factors, including financial terms and closing conditions.
5. No Hidden Fees
- Frontier Land Auctions does not charge hidden fees. Any applicable fees will be clearly disclosed before bidding or listing a property.
- Buyers and sellers are responsible for their own legal, notary, or transaction-related costs associated with the sale unless stated otherwise.
6. Transparency & Fair Dealing
- All bids remain confidential until the tender deadline.
- Frontier Land Auctions ensures a fair and transparent process but is not responsible for any disputes arising between buyers and sellers.
7. Closing the Sale/Deposit
- Once a winning bid is accepted, a deposit of 10% of the winning bid amount is required within 3 business days and both parties must proceed with the necessary legal and financial steps to complete the transaction.
- Failure to comply with agreed-upon terms may result in legal action or financial penalties.
8. Disclaimer & Limitation of Liability
- Frontier Land Auctions acts as a platform facilitating the tendering process and does not guarantee any specific sale outcome.
- We are not liable for misrepresentations made by buyers or sellers, or for any financial losses resulting from participation in the tendering process.
- All property details are provided by the seller, and Frontier Land Auctions makes no warranties regarding the accuracy of listings.
9. Modifications to Terms
- Frontier Land Auctions reserves the right to update these terms at any time. Any changes will be communicated via our website.
10. Contact Information
For any questions regarding these Terms and Conditions, please contact us at info@frontierlandauctions.com or 403-348-9202
