Estate auction definition

Estate auction means the auction of real or personal property of a deceased person.
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Estate auction means the sale at auction of property of a specified deceased person or the property of a specified living person’s estate. Estate auctions may contain property other than that of the specified living or deceased person. However, the inclusion of additional property must be included in all advertising and auction announcements.
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Estate auction means the auction of real or personal 58
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Examples of Estate auction in a sentence

  • Winning bidder hereby agrees to enter into the Real Estate Auction Purchase Contract which has been approved by the Seller, immediately upon being declared the Successful Bidder by the Auctioneer.

  • The agreement to accept Bidder's participation by telephone or electronic messaging in the herein identified Real Estate Auction is subject to the following terms and conditions.

  • Upon the close of the auction the winning bidder will be forwarded via email a Real Estate Auction Purchase Contract to purchase the property.

  • TERMS AND CONDITIONS OF SALE: This Property is being sold “AS IS, WHERE IS.” Xxxxx agrees to comply with all Terms and Conditions of Sale and acknowledges receipt and understanding of the Sealed Bid Real Estate Auction Bidder Packet prior to bidding.

  • In the event the Purchaser defaults and the Xxxxxxx Money is forfeited, the Xxxxxxx Money plus accrued interest less reasonable costs of collection shall be paid as described in the Exclusive Real Estate Auction Agreement between Seller and Broker.

  • Seller shall cause to be paid a broker's commission to Hilco Real Estate, LLC (hereinafter referred to as “Seller’s Broker”) in accordance with its Exclusive Real Estate Auction Agreement, and Hilco Real Estate, LLC will pay (hereinafter referred to as “Purchaser’s Broker”) an amount equal to two (2%) of the Purchase Price.

  • However, if I fail or otherwise refuse to close the transaction contemplated by the Contract by 5:00pm on Friday, January 17, 2020, through no fault on the part of the Seller, then I authorize and irrevocably instruct the Closing Agent to disburse my deposit as required under paragraph 3 of the Real Estate Auction Sales Contract, and acknowledge that in such event, the Closing Agent will rely upon my foregoing authorization and instruction to do so.

  • The terms and conditions of sale set forth in the Real Estate Auction Bidder Terms & Agreement are incorporated herein by reference and shall continue to apply unless inconsistent with a provision of this Contract and, in the case of inconsistent provisions, then those set forth in this Contract shall apply.

  • In so doing, the parties affirm they have read and fully understand and accept all terms con- tained in the foregoing Real Estate Auction Sale Contract and further acknowledge receipt of a signed copy of same.

  • Seller shall cause to be paid a broker's commission to Hilco Real Estate, LLC (hereinafter referred to as “Seller’s Broker”) in accordance with its Exclusive Real Estate Auction Agreement, and Hilco Real Estate, LLC will pay (hereinafter referred to as “Buyer’s Broker”) an amount equal to ( %) of the Purchase Price.


More Definitions of Estate auction

Estate auction. The sale of property left by a person at his/her death. An estate auction can involve the sale of personal and/or real property. “Grading” The process for determining the physical condition of an item. Different items have different grading systems.
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Estate auction means the auction of real or personal 69
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Estate auction means the sale at auction of property of a specified deceased person or the property of a specified living person’s estate.
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Estate auction means the auction of real or personal 72
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Estate auction means the auction of real or personal 66
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Related to Estate auction

  • Residential property means improved property that:-

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Leasehold interest means the interest of the lessor or the lessee under a lease contract.

  • Real Property means, collectively, all right, title and interest (including any leasehold estate) in and to any and all parcels of or interests in real property owned in fee or leased by any Loan Party, whether by lease, license, or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, incidental to the ownership, lease or operation thereof.

  • Residential district means an area of a municipality where 75% or more of the area is zoned for residential housing.

  • Leasehold Mortgage means any leasehold deed of trust, mortgage, deed to secure debt, assignment of leases and rents, assignment, security agreement, or other security document securing financing from a lender of Tenant and encumbering Tenant’s leasehold interest in any Demised Property.

  • Commercial property means property formerly or currently used primarily for business, retail, governmental or professional purposes.

  • Leasehold condominium means a condominium in which all or a portion of the real estate is subject to a lease the expiration or termination of which will terminate the condominium or reduce its size.

  • College property means any property owned, leased, or controlled by a member college of the Virginia Community College System and the administrative office of the Virginia Community College System.