368.402+/- Acres Tuscarawas County Oil and Gas Minerals
50% Interest of 368.402 Acres
164.2 +/- Net Unleased Mineral Acres | 20 Acres HBP
Online Bidding ends Thursday, June 29th 6:00 PM
Location: 4466 Belden Dr. SE Uhrichsville, OH 44683
Summary: 50% interest in 368.402 +/- Acres - Tuscarawas County, OH. Mill Township.
Legal: Tuscarawas County Surface Parcels 39-00072-000, 39-01033-000, 39-01045-000, 39-01046-001, 39-01046-000, and 39-01045-002.
Auction Terms: 10% Buyers’ Premium added to the final bid price to determine the contract price. 10% Non-refundable deposit wired to the Kaufman Realty & Auctions Trust Account within 24 hours of the completion of the auction if purchased online, via phone, or absentee bid. Balance due at closing in 45 days. Online, phone and absentee buyers must execute purchase agreement and disclosures and return them to Kaufman Realty & Auctions within 24 hours of the end of the auction. Electronic copies are acceptable. No financing contingencies, in bidding either online, via phone or by absentee bid the bidder is stating they will have funds to close as per terms. Time is of the essence in all closings.
Deposit is refundable in the event the seller is unable to deliver a Limited Warranty Oil & Gas Mineral Deed and Title that parallels the terms of the lease and any title available for the potential buyers review prior to the auction. Potential Buyers must independently investigate and confirm any information or assumptions on which any bid is placed. Kaufman Realty & Auctions are agents for the sellers; we are not mineral and legal experts. Potential buyers are advised to seek legal counsel regarding the status of any oil/gas right purchase, prior to bidding.
Parcel numbers are provided as a reference to locate the surface location. The sale includes Oil & Gas Minerals Only NO SURFACE is selling! Buyer is aware the seller intends to perform an IRC Section 1031 tax-deferred exchange. Seller requests buyer's cooperation in such an exchange and agrees to hold buyer harmless from any and all claims, costs, liabilities, or delays in time resulting from such exchange. Buyer agrees to an assignment of this contract to a qualified intermediary by the seller.
FINAL PURCHASE PRICE WILL BE ADJUSTED TO THE EXACT 1/100 ACRE ON THE PURCHASE AGREEMENT
BIDDING IS ON A PER ACRE BASIS AND IS ROUNDED TO CLOSEST WHOLE ACRE ON THE BIDDING PLATFORM, THE FINAL PURCHASE PRICE WILL BE ADJUSTED TO THE EXACT 1/100 ACRE ON THE PURCHASE AGREEMENT
Sale by the order of: TD Properties Group LTD
Kaufman Realty & Auctions
(888) 852-4111 www.kaufman-auctions.com
Cliff Sprang, Realtor/Auctioneer
(330) 464-5155 | [email protected]
Deposit is refundable in the event the seller is unable to deliver a Limited Warranty Oil & Gas Mineral Deed and Title that parallels the terms of the lease and any title available for the potential buyers review prior to the auction. Potential Buyers must independently investigate and confirm any information or assumptions on which any bid is placed. Kaufman Realty & Auctions are agents for the sellers; we are not mineral and legal experts. Potential buyers are advised to seek legal counsel regarding the status of any oil/gas right purchase, prior to bidding.
Parcel numbers are provided as a reference to locate the surface location. The sale includes Oil & Gas Minerals Only NO SURFACE is selling!
FINAL PURCHASE PRICE WILL BE ADJUSTED TO THE EXACT 1/100 ACRE ON THE PURCHASE AGREEMENT
BIDDING IS ON A PER ACRE BASIS AND IS ROUNDED TO CLOSEST WHOLE ACRE ON THE BIDDING PLATFORM, THE FINAL PURCHASE PRICE WILL BE ADJUSTED TO THE EXACT 1/100 ACRE ON THE PURCHASE AGREEMENT