______________________________________ (hereinafter collectively the "Buyer").
The undersigned Buyer agrees to purchase and the undersigned Seller agrees to sell upon the
terms hereinafter set forth, the following real property located in the State of Ohio, County of
______ , and generally known as _________________________________ (parcel no. _ ______ _)
(hereinafter the "Property") for the sum of $__________________________________ ("sales
price”). The Buyer agrees to tender upon execution of this Auction Sales Contract the sum of
$ _____ ("deposit"), which deposit shall be held in escrow according to the terms and conditions
set forth herein by _ ______________ _, the listing broker. The balance of
$__________________________ shall be due on or before the _ __ _ day of ____ , 20 16 _
(hereinafter the "closing date" or "settlement date").
1. This sales contract is not contingent upon Buyer obtaining financing.
2. The "Auction Sale Terms and Conditions" is attached hereto and incorporated herein. The
parties agree that in the event the Auction Sales Terms and Conditions conflict with any of the
provisions contained in this Agreement, the Auction Sales Terms and Conditions shall control
and be given full effect.
3. This Agreement is binding upon and shall inure to the benefit of the Buyer’s and Seller’s
respective heirs, executors, administrators, successors and assigns.
4. The Buyer shall be entitled to possession upon the closing of this sales contract on the
settlement date.
5. The Buyer shall be responsible for paying all closing costs including applicable transfer taxes,
and recording fees as well as other charges as provided hereunder.
6. The Seller does not warrant the property or any of the systems or appliances beyond delivery
of possession to the Buyer. Buyer acknowledges that neither the Seller nor any of his agents has
not made any representations as to the condition of the property, its improvements, or any
mechanicals, systems and appliances therein. The Buyer understands that Seller has no
knowledge as to the condition of the Property and acknowledges acceptance of the property and
any of the improvements, systems or appliances thereon in an "As Is" condition and that Seller
has no liability in connection therewith. Any and all personal property remaining in the property
transfers with the real estate.
7. Seller shall convey to Buyer marketable title in fee simple by transferable and recordable
general warranty deed, with release of dower, if any, or by fiduciary deed, as appropriate, free
and clear of all liens and encumbrances not excepted by this contract, and excepting the
following: ________________________________________________ (None, if nothing
8. The Seller is not obligated under the terms of this sales contract to provide the Buyer with an
owner’s title insurance policy or commitment and that any title insurance policy or commitment
desired by the Buyer shall be the sole responsibility and expense of the Buyer.
9. At closing , and subject to paragraph 15 below , Seller shall pay or credit on purchase price all
delinquent real estate taxes, penalty, interest, and assessments which are due on the date of
contract. In no event shall Seller be liable to Buyer for agricultural use tax recoupments.
10. At closing, the Seller shall sign an affidavit with respect to off-record title matters in
accordance with community custom.
