June 29th - July 2nd 2020 Online Timed Real Estate Auction of Pembina River Frontage

Auction in Drayton Valley Alberta, Canada

02 Thursday
02nd July, 2020 5:00 PM

June 29th - July 2nd 2020 Online Timed Real Estate Auction of Pembina River Frontage

Auction in Drayton Valley Alberta, Canada

Thursday at - 02nd July , 2020

Disclaimer

<p><u><strong>Terms and Conditions</strong></u></p> <p>1. Team Auctions acts as a agent of seller and not as owner.</p> <p>2. All&nbsp;items or livestock are to be&nbsp;paid for in full on sale day by cash or cheque acceptable to Team Auctions. GST will be added to bid price where applicable.</p> <p>3. All items or livestock sell as is where is without warranty and are at the buyer&#39;s risk as soon as they are sold. Any warranty offered by a seller&nbsp;shall be a matter&nbsp;between the seller and the buyer and shall not involve the auction firm.</p> <p>4. All buyers shall inspect each item or livestock and satisfy themselves as to the condition, fitness, soundness, and/or to the measurements of the items or livestock before bidding.</p> <p>5. All items or livestock&nbsp;are to be removed from the sale location within the time announced by the auctioneer at the start of the sale.</p> <p>6. The seller has made a Statutory Declaration before a Commissioner for Oaths declaring all charges, if any, against the goods sold. Team Auctions will pay out the declared charges and provide a copy of the declation to a buyer if required within two&nbsp;years.&nbsp;If for any reason clear title cannot given to any goods sold the liability, if any, of Team Auctions and/or the seller shall not exceed refund of the price paid at this auction in exchange for return of those goods in condition equal to or better than at sale time.</p> <p>7. Terms of sale of real estate by auction shall be shown on &quot;Offer to&nbsp;Purchase&quot; posted prior to the sale.</p> <p>8. The&nbsp;Auctioneer reserves the right to accept or reject any&nbsp;bid and in cases of dispute the auctioneer&#39;s decision shall be final.&nbsp;When an&nbsp;Auctioneer declares an&nbsp;item or livestock sold and more than one&nbsp;bidder claims to have the high&nbsp;bid the Auctioneer may declare who the high&nbsp;bidder is or re-open the&nbsp;bidding.</p> <p>9. Team Auction, it&#39;s employees and the seller accept no responsibility for errors in advertising or description.</p> <p>10. All buyers agree to be bound by the above terms as well as any other conditions announced by the auctioneer. In acccepting this registration card each buyer agrees to be responsibile for all charges to them and that if their cheque is accepted by Team Auctions it will be honored when&nbsp;presented for payment at the&nbsp;bankon which the cheque is drawn. If any cheque given to Team Auctions is not honored for any reason it is understood that&nbsp;the buyer issuing the cheque will face&nbsp;civil and/or crimianl charges. &nbsp;</p>

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Auction Items For Sale

This land is selling by Online Timed Auction - Team Auctions

Location: NW10-51-8-W5 155.10 acres & Adjoining GRL 39722 SW15-51-8-W5 31.50 acres

Bidding Opens: 12 PM Monday, June 29, 2020

Bidding Closes: 12 PM Monday, June 29, 2020

Register To Bid Online! Go to TeamAuctions.com

NW10-51-8-W5 (155.10± acres) & Grazing Lease SW15-51-8-W5 (31.5± acres)

Pembina River frontage to call your own. Enjoy the view of the Pembina River from the high river banks on NW10 or enjoy the beach on the adjoining grazing lease river frontage when the river is not high. NW10 has approximately 80 open acres, 30 acres of lower land with natural water bodies with willow & larch/tamarack trees in the northeast corner, and 15 acres with trees and open acres along the river. $6,295.60 annual surface lease revenue. An undeveloped water well.

NW10-51-8-W5 155.10 acres

Access agreement with land owners to south

Approximately 80 acres open land, 30 acres lower land with natural water bodies with willow & larch/tamarack trees in the northeast corner, 15 acres with trees & open acres along river.

NW corner drops into the river valley (top of ridge shown by line of trees in air photo)

Adjoining portion of Grazing Lease (31.5 acres) has beach area when river is not high.

Access agreement across NW10 (registered on title) for privately owned

land located west of property on east side of river

Located in Parkland County.

GRL: 39722 located on SW 15-51-8-W5 approximately 31.5 acres

Grazing lease with river frontage.

AUMs: 6; Term of lease 10 years; Expiry date: 28 Feb-2025.

Adjacent to NW10-51-8-W5. Located in Parkland County.

LEGAL NW10-51-8-W5 MUNICIPALITY PARKLAND COUNTY SIZE (APPROX) 155.10 ACRES TAXES $69.52 ZONING AGRICULTURAL POSSESSION 30 DAY FROM SIGNING OF ACCEPTED OFFER

SURFACE LEASE REVENUE (ANNUAL) $6295.60 - THERE ARE 2 PENNWEST (OBSIDIAN) SURFACE LEASES ON THIS PROPERTY.

ONE LOCATED IN SOUTHWEST CORNER HAS 2 SITES: ONE IS CR-OIL SUSP H2S CONTENT 1100 PPM; THE OTHER IS DRILLED AND CAPPED—H2S 8800 PPM.

LEASE LOCATED IN NORTHEAST OF QUARTER IS CR-OIL ABANDONED. H2S 0 THIS INFORMATION HAS TO BE VERIFIED WITH PENNWEST (OBSIDIAN). PLEASE CHECK BACK LATER. SERVICES WATER WELL DRILLED IN 1996, 168’ WITH 45 GPM (NOT DEVELOPED)

Terms & Conditions In this auction, the acceptance of a bid price is subject to the Seller’s Approval. AGENT OF THE SELLER: Real Estate Brokerage (Moores Agri-Trade Ltd.) acts only as agent of the seller and not as agent of the Buyer. They will provide prospective buyers with all facts known to the agent that will or may affect the marketability Or value of the property. NO WARRANTY: The Buyer shall accept the Property as-is where-is and specifically agrees that neither the Seller, Auctioneer or Realtor makes any representations or warranties of any kind as to the condition or fitness of the Property, environmental or otherwise, or any improvements thereon. All information provided is meant as a guide only. It is the responsibility of all bidders to review all information provided, including "Property Information Package" from the Real Estate Brokerage and the terms of this auction. Bidders shall have satisfied themselves as to the descriptions, location and condition of the property prior to bidding. If clarification is required, it is the bidder’s responsibility to obtain clarification from Real Estate Brokerage prior to bidding GST: Bid price does not include any applicable GST unless announced otherwise by auctioneer. DEPOSIT: Immediately at the close of bidding the successful bidder will make a NON REFUNDABLE deposit payable to the real estate brokerage (as listed in the Property Information Package) in the form of a bank draft or other approved payment. Amount is listed in Property Info Package/or as announced by auctioneer. PURCHASE CONTRACT::The Real Estate Purchase Contract that applies to each property will be available for inspection prior to the auction. Title(s) will be clear of encumbrances except those which are to remain on the title. All bidders agree that, should their bid be accepted, they will complete and be bound by the terms of the purchase contract. Buyer will pay the balance of the purchase price to their lawyer on or before Completion Day. Possession will be in accordance with the terms of the Purchase Contracts. Note: These contracts will not be subject to any buyer’s conditions. **TEAM SEKURA AUCTION MAIN SALE TERMS ALSO APPLY.

Questions? Call Moores Agri Trade Ltd @ 780-696-2249