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G. Paden Realty
presents
 

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At the moment,
there are no auctions.
 
 
 
 
 

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TERMS AND CONDITIONS OF BIDDING AND PURCHASE FOR NEW YORK REAL ESTATE 1. REGISTRATION. ALL BIDDERS ARE REQUIRED TO REGISTER AND PROVIDE SUITABLE I.D. PRIOR TO THE AUCTION. AUCTIONEER RESERVES THE RIGHT TO DECLINE REGISTRATION IF I.D. PRODUCED IS NOT SUFFICIENT. 2. BIDDER NUMBER. ALL BIDDERS ARE REQUIRED TO USE THE BIDDER NUMBER ISSUED TO THEM FOR ALL PURPOSES ASSOCIATED WITH THE AUCTION. 3. DEPOSIT. TO SECURE A BIDDER NUMBER YOU MUST DEPOSIT CASH, OR PAPER EQUIVALENT THEREOF, PAYABLE TO “G.PADEN REALTY.” IN THE SUM OF $500.00 WITH BROKER. AUCTIONEER RESERVES THE RIGHT TO DECLINE OUT-OF-STATE FUNDS OR TO ACCEPT ALTERNATIVES TO THE ABOVE REQUIREMENT IN BROKER’S SOLE DISCRETION. IN THE EVENT OF AN ACCEPTED BID, BIDDER APPROVES APPLYING SAID FUNDS TOWARD THE DOWN PAYMENT. 4. FUNDS AS IDENTIFIED IN PARAGRAPHS 3 AND 4 ABOVE SHALL BE PAYABLE TO G. PADEN REALTY, AND DEPOSITED IN AN ACCOUNT DESIGNED BY G. PADEN REALTY, INC., FOR PRESERVATION OF SAID FUNDS. 5. BID DOCUMENTS. UPON FALL OF THE GRAVEL, THE HIGH BIDDER AND INTERESTED BACKUP BIDDERS, SHALL SIGN A BID ACKNOWLEDGMENT FORM AND PURCHASE & SALE AGREEMENT AS PROVIDED IN THEIR BID PACKET (UNALTERED BY SUCCESSFUL BIDDER AND BACK-UP BIDDER(S)). FAILURE TO EXECUTE THESE DOCUMENTS SHALL RESULT IN FORFEITURE OF DEPOSIT MONIES AS LIQUIDATED DAMAGES, REPRESENTING THE NEGOTIATED AND FAIR MEASURE OF DAMAGES, NOT TO BE CONSTRUCTED AS A PENALTY. 6. BACK UP BIDDERS. IF A BACK UP BIDDER HAS MADE A PROPER DEPOSIT AND EXECUTED THE PURCHASE AND SALE AGREEMENT AND BID ACKNOWLEDGMENT, HIS OR HER BID SHALL BE KEPT OPEN UNTIL SUCH TIME AS THE BUYER’S PREMIUM HAS BEEN PROVIDED TO BROKER. IN SAID EVENT, THE DEPOSIT SHALL BE RETURNED BY CERTIFIED MAIL OR OVERNIGHT WITHIN FIVE (5) DAYS; IN THE EVENT THE HIGH BIDDER FAILS TO PROVIDE THE BUYER’S PREMIUM, THE BACKUP BIDDER SHALL THE HIGH BIDDER AND SHALL BE OBLIGED TO PROVIDE THE FUNDS SET FORTH HEREIN, BY FOUR PM THE FOLLOWING BUSINESS DAY, UPON NOTIFICATION BY ANY MEANS THAT HE OR SHE IS NOW THE SUCCESSFUL BIDDER. 7. CLOSING DOCUMENTS. SELLER SHALL PROVIDE A LEGALLY RECORDABLE DEED. PRIOR TO AUCTION, SELLER HAS REPRESENTED TO BROKER THAT TITLE CONVEYED SHALL BE INSURABLE AND FREE AND CLEAR OF LIENS OR ENCUMBRANCES. 8. REPRESENTATIONS AND WARRANTIES. BROKER MAKES NO REPRESENTATIONS OR WARRANTIES WITH RESPECT TO THE SUBJECT PREMISES, AS SAME ADDRESS ZONING, SITE PLAN APPROVAL OR OTHER FEDERAL, STATE OR LOCAL LAWS. ANY MAPS, PLATS, SURVEYS, SITE PLANS, SUBDIVISION MAPS OR THE LIKE HAVE BEEN SUPPLIED BY SELLER AND BROKER AND AUCTIONEER MAKE NO REPRESENTATION, WARRANTIES OR GUARANTEES WITH RESPECT TO LOCATIONS, DIMENSIONS, TRACK SIZES, SUITABILITY FOR USE, OR SUBSURFACE CONDITIONS. 9. REPRESENTATION. BY EXECUTION OF THIS AGREEMENT THE BIDDER ACKNOWLEDGES THE AUCTIONEER AND BROKER REPRESENT THE SELLER, ONLY, AND THE COMMISSION PAID IN RESPECT TO THIS SALE IS IDENTIFIED AS A BUYER’S PREMIUM AS SET FORTH IN PARAGRAPH FOUR ABOVE. THIS PORTION OF COMMISSION PAID BY THE BUYER. 10. DETERMINATION OF DISPUTES. IN THE CASE OF DISPUTED BIDS, THE BROKER SHALL EXERCISE HIS OR HER BEST DISCRETION IN DETERMINING THE RESOLUTION OF CLAIMS, AND SUCH DECISION IS FINAL. SUCH DECISION SHALL NOT BE THE SUBJECT OF ANY POST AUCTION CLAIMS. AUCTIONEER RESERVES THE RIGHT TO BID ON BEHALF OF BUYERS AND/OR SELLERS. NO TRANSFER SHALL BE RECOGNIZED FROM ONE BUYER TO ANOTHER. IN THE EVENT A DISPUTE SHOULD ARISE AFTER THE AUCTION, THE AUCTIONEER’S RECORDS SHALL BE CONCLUSIVE. 11. PRIVACY OF AUCTION. THE AUCTION YOU ATTEND IS A PRIVATELY CONDUCTED EVENT, NOT OPEN TO THE PUBLIC AND AS SUCH, BROKER RESERVES THE RIGHT TO REFUSE ADMITTANCE TO ANY PERSON. 12. INDEMNITY PROVISIONS. BY EXECUTION OF THIS AGREEMENT, BIDDER AGREES TO BEAR RESPONSIBILITY FOR ANY CHARGES, CLAIMS OR EXPENSES INCURRED BY REASON OF ANY VIOLATION, BREACH OR DEFAULT IN RESPECT TO THESE FEES, COURT COSTS, THE COST OF RE-SALE, AND REMARKETING COSTS. THE FORGOING REMEDIES ARE NOT EXCLUSIVE. 13. GENERAL PROVISONS HEREINMADE CANNOT BE ALTERED EXCEPT IN WRITING, AND ANY PROVISION OF THIS AGREEMENT SHALL BE INTERPRETED IN ACCORD WITH NEW YORK LAW. THIS AGREEMENT SHALL NOT BE INTERPRETED IN ACCORD WITH NEW YORK LAW. THIS AGREEMENT SHALL NOT BE INTERPRETED OR CONSTRUCTED IN A MANNER WHICH CREATES A NEGATIVE INFERENCE BASED UPON THE FACT THAT THE BROKER PREPARED THE AGREEMENT. FACSIMILE SIGNATURES SHALL BE CONSIDERED BINDING. IN SUCH EVENT ANY PROVISION HEREIN IS DEEMED ILLEGAL, VOID OR UNENFORCEABLE BY A COURT OF LAW, IT SHALL NOT IMPACT THE BODY OR BALANCE OF THE AGREEMENT. 14. INTERPRETATION. INTERPRETATION OF THIS AGREEMENT SHALL BE CONSISTENT WITH THE PURCHASE AND SALE AGREEMENT, IT BEING THE STATED INTENT THAT THIS DOCUMENT AND THE PURCHASE AND SALE AGREEMENT ARE TO BE READ AS INTEGRATED DOCUMENTS CONFERRING THE SAME RIGHTS AND OBLIGATIONS. 15. FORFEITURE UPON DEFAULT. IN SUCH EVENT BUYER FAILS TO ABIDE THE TERMS AND CONDITIONS SET FORTH HEREIN OR FAILS TO ABIDE THE OBLIGATIONS ARISING FROM THE PURCHASE AND SALE CONTRACT EXECUTED IN CONJUNCTION WITH THIS SALE, BUYER ACKNOWLEDGES HE OR SHE SHALL FORFEIT ALL MONIES DEPOSITED. BY EXECUTION OF THIS AGREEMENT, BIDDER ACKNOWLEDGES THIS IS A NEGOTIATED RESULT, AND THE FORFEITURE OF SAID SUMS OF MONEY DO NOT CONSTITUTE A PENALTY. THE FOREGOING ALSO APPLIES TO PARAGRAPHS 3 AND 4 ABOVE.
 
Please be advised that G. Paden Realty makes no representations and has made no investigation or inquiries regarding any environmental liabilities, risks or hazards which may affect this property or it's value.  If you have any questions with regards to any enviornmental issues, you should consult your attorney.
 

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G. PADEN REALTY
136 STONY BROOK RD, SCHOHARIE, NY 12157
 
Jerry Paden     -   (518) 295 7220
Gail Porfirio    -   (518) 702 4376
  

While the information above is believed to be reliable, we cannot guarantee it's accuracy.