The following is a summary of the Terms and Conditions for this online auction for real estate located at and/or identified as 0 Cox Rd. Logan, OH 43138 (the “Property”) Hocking County parcels 060005280000, 060005286000, 060004170000, 060004176000

Bidder agrees to abide by these Terms and Conditions of the online auction. This auction has an undisclosed reserve price. If the highest bid meets or exceeds the reserve price, the highest bidder/s will execute the real estate purchase agreement. The real estate purchase agreement and title search are available for review prior to bidding on the "documents" page of the auction website. No revisions to the real estate purchase agreement will be permitted. By bidding at this auction, Bidder agrees and confirms that Bidder understands and agrees to all of the following:

Auctioneer Matt Collins and Auctioneer Brian Bauer with Bauer Realty & Auctions, LLC, represent the sellers only.

All bids remain legally binding for 24 hours after the auction's conclusion.

This auction begins closing on August 2nd, 2025, at 12:00 pm EST; however, bidding will remain open on this property until 5 minutes have passed without receiving a bid. This soft close ensures fairness and allows the highest bidder/s to win the auction. Auctioneer reserves the right to shorten or extend this time.

You are NOT bidding by the acre. You are bidding to pay a lump sum dollar amount for the property.

If your bid is accepted, you are obligated to buy the Property, and you agree to pay the total purchase price, which includes your bid and half of the standard fees charged by the title company to close the transaction. The Buyer shall also pay half of the cost of an Owner's Policy of Title Insurance.

The successful Bidder/s at auction will be required to tender a non-refundable deposit in the amount of 10% of the final purchase price by electronic transfer or other method specified by the Auctioneer within one business day after the conclusion of the auction. Failure to tender the earnest money deposit will be a default.

The Property sells in its AS-IS condition. Sellers will not make any repairs or give any concessions for repairs or remedies to any defects discovered. Each Bidder and Buyer is responsible for conducting their own due diligence on the Property before bidding. Any desired inspections of the Property must be completed prior to bidding at Bidders expense. The sale is not contingent upon a satisfactory inspection. The real estate purchase agreement and title search have been provided for all Bidders to review on the "documents" page of the auction website.

The winning Bidder/s are welcome to finance their purchase; however, the sale of this property is not contingent upon the winning Bidder’s ability to secure financing. Bidders seeking financing should contact a lender for pre-qualification prior to bidding.

Buyer/s assumes any responsibility for an appraisal gap.

Seller shall provide to Buyer/s, at Seller's cost, a new boundary survey for each tract sold. If the property sells as a whole, the property will not be surveyed, and the individual tracts will not be surveyed. If the property is sold in tracts, any contiguous tracts that are sold to the same buyer will be surveyed as one tract.

All tract sizes are approximate. The Buyer's final purchase price will be determined on a per- acre basis by the final survey of each tract.

Closing shall occur on or before September 1st, 2025.

The sellers will provide a General Warranty deed to the Property.

Northwest Title will be performing closing. (Krista McKee 740-994-4466)

It’s undetermined as to the origin of the water line to hydrant on parcel 4. If the water line originates on another parcel, parcel 4 buyer will be responsible for terminating the waterline and/or acquiring a new water tap from the county main line.

By bidding on any of our auctions, you agree that Bauer Realty & Auctions, LLC has the right to share your name and phone number with the winning bidder/s only. Our bidding process is very transparent, and upon the winning bidder’s request, we may provide our bidder's list to the winning bidder at the auctioneer's discretion.

Any Bidder must be at least 18 years of age.

Only the actual buyer of the property may bid on the auction. No one may bid on anyone’s behalf.

Bid Rigging is a Federal Felony. Auctioneer will report illegal activity by any person to the FBI for investigation and prosecution. Title 15, Section 1 of the U.S. Code makes any agreement amongst potential bidders not to bid against one another, or to otherwise dampen bidding illegal. The law provides for fines of up to $100,000,000 for a corporate offender and $1,000,000 for an individual, plus imprisonment for up to 10 years.

In the event there are technical difficulties related to the server, software, internet, or any other online auction-related technologies, the auctioneer reserves the right to extend bidding, pause the bidding, continue the bidding, or close the bidding. Neither the company providing the software nor the auctioneer shall be held responsible for a missed bid or the failure of the software to function properly for any reason.

Auction announcements or postings take precedence over any previously stated or printed information.

Should Bidder fail to abide by these Terms and Conditions, Auctioneer and/or Sellers may commence proceedings to recover actual damages, including reasonable attorneys’ fees to enforce them.

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