ABSOLUTE AUCTION – KEY ESTATE - HOME & 23± ACRES – MURRAY, KY

REAL ESTATE TERMS AND CONDITIONS

PROCEDURE: The property will be offered in 3 individual tracts, any combination of tracts, or as a whole property. The property will be sold in the manner resulting in the highest total sale price.

BUYER’S PREMIUM: A 10% Buyer’s Premium will be added to the final bid and included in the contract price.

DOWN PAYMENT: 15% of the contract sales price as down payment on the day of the auction with balance in cash at closing. The down payment may be in the form of cashier’s check, personal check, or corporate check. Any buyers unknown to Harris Real Estate & Auction must provide a bank letter with any check. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING, SO BE SURE YOU HAVE ARRANGED FINANCING, IF NEEDED, AND ARE CAPABLE OF PAYING CASH AT CLOSING.

CLOSING: Closing shall take place on or before 30 days from auction date.

REAL ESTATE TAXES: All [2026] ad valorem taxes will be prorated between buyer and seller at closing.

SURVEY: The property is selling by deed. Should a survey be required, Seller and Buyer shall share the cost 50:50.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. ANNOUNCEMENTS MADE BY THE AUCTION COMPANY AT THE AUCTION PODIUM DURING THE TIME OF THE SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL, OR ANY OTHER ORAL STATEMENTS MADE. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the Auction Company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in the brochure is subject to verification by all parties relying on it and is believed to be correct; however, no liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. No warranty of merchantability or fitness for a particular purpose is made, and no liability is assumed for consequential damages. Conduct of the auction and increments of bidding are at the direction and discretion of the auctioneer. The Seller and Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the auctioneer are final.

NEW DATA, CORRECTIONS, AND CHANGES: Please arrive prior to scheduled auction time to inspect any changes, corrections, or additions to the property information.

ABSOLUTE ESTATE AUCTION – THURSDAY, JANUARY 7, 2027 • 6:00 PM
Yates Event Center, Murray, KY • On-Site & Online