Proxy Bidder Registration Form

Name: Mailing Address:

Bidder # __________

_____________________________________________________ _____________________________________________________

Physical Address: _____________________________________________________ Town: State: Zip Code: Phone: Fax: Email: _____________________________________________________ _____________________________________________________ _____________________________________________________
(You must be available at this number between 11:30 and 1:30 on June 16 th, 2012)

_____________________________________________________

_____________________________________________________ _____________________________________________________

Drivers License: State ____________ Number ____________________________ Bank Name: Bank Location: ______________________________________________________ ______________________________________________________

Bank Contact Person: __________________________________________________ Proxy Bid Amount: ___________ Proxy Contact:

A proxy bidder from our office will be assigned to you. They will make contact with you before the auction to discuss your wishes. It is our understanding that you wish to obtain the property for the best available price up to and including your maximum proxy bid.
Disclaimers:

Any information about the property is provided to you as a matter of convenience only, and no representation or warranty, expressed or implied, is made as to its accuracy or completeness. All information contained within the Property Information Packet was derived from reliable sources and is believed to be correct, but is not guaranteed. Buyers shall rely entirely on their own judgment and inspection. Prospective purchasers of the auction property are responsible for conducting such due diligence of their own as they consider appropriate, prior to bidding at the auction sale. Announcements from the Auction Block will take precedence over any previously printed material or any other oral statements made. All of the property sells in an as is condition. Fees: A buyers agent commission of 1.5% of the sales price is being offered to Vermont Licensed Real Estate Sales People and Brokers who represent a winning bidder, and successfully go to closing. All real estate commissions and auctioneers fees are part of the reserve, and there is no buyers premium added. Initials: ____________

Terms:

The bidder must pre-register before auction and display to Auctioneer proof of deposit and proof of funds to obtain bidder number. Proof of deposit may be in the form of a Bank or Cashiers Check, or Personal Check with bank letter of guarantee. Proof of funds must be in a amount equal to or greater than the bidders anticipated bid price and shall be in the form of bank letter of guarantee, a copy of an account showing available funds, or a commitment letter from a bank, Mortgage Company or other lender licensed to do business in the State of Vermont. At the sale, the person holding the public auction shall sell to the highest bidder that meet or exceed the reserve. A deposit shall be paid at the time of sale of at least $10,000.00. Purchaser is required to sign a Purchase & Sale Agreement at the time of the auction with a close date no greater than 30 days from auction. This closing date can be automatically extended for 30 days by the seller to allow for title, permits, state requirements or other items if necessary. Deposits are non-refundable unless seller cannot convey clear title. Proxy Bidders must complete the above application and provide the following: 1) Proof of Deposit in the amount of $10,000. a. A fax/scanned copy of a Bank Treasurers or Cashiers Check made out to Attacca Realty/Vermont Outdoor Properties in the amount of $10,000 b. A fax/scanned copy of a Personal Check made out to Attacca Realty/Vermont Outdoor Properties in the amount of $10,000 along with a signed and notarized copy of a bank letter stating that the Personal Check is valid and that funds are available for covering the amount on the check. 2) Proof of Funds in the amount equal to or greater than your Proxy Bid. a. A fax/scanned copy of a Bank Account or Investment Account in the bidders name showing liquid funds in the amount equal to or greater than your Proxy Bid. Account number may be removed b. A commitment letter from a lending institution, or proof of a line of credit in the bidders name in the amount equal to or greater than your Proxy Bid. Account numbers may be removed. All Proxy Bidders agree that if awarded the winning bid to be available by phone, email/scan/fax to sign the purchase and sales agreement on September 8th, 2012, and to be able to overnight Fedex the required deposit monies on that day. If the Proxy Bidder fails to do so the Seller reserves the right to award the property to the next highest bidder.
Vermont Real Estate Commission Mandatory Consumer Disclosure:

As a customer, the real estate agent with whom you are working is not obligated to keep confidential the information that you might share with him or her. As a customer, you should not reveal any confidential information that could harm your bargaining position. Vermont law requires all agents to perform basic duties when dealing with a buyer or seller. You can expect the agent with whom you deal to provide the following services whether you are a Customer or a Client: To disclose all material facts pertaining to the property known to the agent. To treat both the buyer and seller honestly and not knowingly give false or misleading information. To account for all money and property received from or on behalf of the buyer or seller. To comply with all state and federal laws related to the practice of real estate. I/We Acknowledge Receipt of This Disclosure Initials: ____________

Contact Information:

You may send all information to the following: Attacca Realty/Vermont Outdoor Properties Curtis Trousdale
41 Country Club Drive South Burlington, VT 05403 curtis@vtoutdoorproperties.com (c) (f) 802-233-5589 802-862-6266

I understand and accept the above information;

Name: ____________________________________ (Print) Signature: _________________________________ Date: _____________________________ Please remember to initial each page and return to Attacca Realty/Vermont Outdoor Properties.

Initials: ____________