Property Description
130± Deeded Acres Farmland
Bidding opens May 4, 2022, and closes not before May 11, 2022, @ 2:00 PM MTN Soft Close
Legal: Lots 3 & 4 and E2SW4 Section 7, Township 11 South, Range 47 West 6th p.m.
TERMS AND CONDITIONS
Terms of Sale: 10% down at the conclusion of the auction, with the balance to be paid on or before June 11, 2022. Personal and corporate checks are acceptable down payments with the final payment to be certified funds. All funds will be held by the auction company trust account. Bidding shall not be contingent upon financing, should financing be required it shall be arranged prior to the auction.
Buyer (s) Premium: None
Manner of Sale: Online Auction procedure and increments of bidding to be determined by auction company. Bidding is not contingent upon financing; all financing shall be arranged prior to the auction.
Mineral Rights: Owned minerals shall pass with surface
Closing: Buyer may close as soon as closing documents are prepared - No later than June 11, 2022.
Closing: Agent: Kit Carson County Abstract Co. shall be the closing agent, location of closing to be 1358 Lowell Ave, Burlington, CO. Closing fee shall be split 50/50.
Possession: Upon Close, currently subject to year-to-year cash lease. 100% of the 2022 cash lease $5,172.00 to the buyer. The current lease expires December 31, 2022 subject to tenants' rights to harvest the 2022 crop.
Real Estate Taxes: Taxes for 2021 paid by the seller, all future taxes paid by the buyer.
Acceptance of Bids: Each successful bidder will be required to enter into a Colorado Real Estate Sales Contract immediately following the auction. The contract will be available for review prior to sale.
Evidence of Title: The seller will provide title insurance to the buyer in the amount of the purchase price. Premium to be paid by the seller. Title evidence will be provided prior to sale.
Acreages: Acreage figures are considered to be approximate and are from reliable sources based on County Assessed Acres. All FSA information is subject to change. Assessed acres may not be the same as deeded acres. No warranty is expressed or implied as to exact acreages of property. All bids are for the tracts without regard to exact acreage. There will be no adjustment in purchase price if acreage is different than what is stated in this brochure and /or stated at the auction.
Inspections: All buyers (bidders) shall be responsible for conducting their own independent inspections and due diligence concerning pertinent facts about the property. Neither seller nor Rocking X Land Co. Ltd., agents of, or representatives, are making any warranties about the property either expressed or implied. Statements, while not guaranteed, are from reliable sources.
Easements: This sale is subject to all rights of way and easements, whether recorded or not and to oil and gas leases of record if any.
2021 Taxes: $449.68
Agency: Rocking X Land Co. Ltd., its agents, and representatives are the exclusive agents of the seller. Contact Rocking X Land.
Register prior to and bid at www.rockingxland.com/auctions
*All bidders must be approved by the auctioneer prior to the auction
