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TERMS AND CONDITIONS OF KENTON
COUNTY MASTER COMMISSIONER SALES
1. Master Commissioner Sales are "Buyer Beware" Sales.
2. The Property is sold "As Is" "Where Is."
3. The high bidder does not receive a Warranty Deed. The high bidder receives a Master Commissioner Deed with no warranties.
4. Title to the property is not warranted by the Court, by the Master Commissioner or by the Plaintiff.
5. The condition of the property is not warranted by the Court, by the Master Commissioner, or by the Plaintiff.
6. If you bid on property, you should have done your due diligence before you bid, not after! This includes both inspections of the title and liens on the property and also the condition of the property.
7. Sales are confirmed by the Circuit Court on Monday thirteen (13) days after the Sale at 9:00 a.m. If that Monday is a holiday, then the Sales are confirmed on the Tuesday fourteen (14) days after the Sale at 9:00 a.m. Deeds cannot be given until Sale is confirmed.
8. Objections to Confirmation must be in writing and filed in the Circuit Clerk's office prior to the Confirmation Motion date for the Report of Sale. Objections must be served on the Attorney for the Plaintiff and on all parties to the action and on the Master Commissioner.
9. If you are the high bidder at the Sale, you must pay in one if two ways:
(A) Cash for the full purchase price immediately following the Sale. Checks on local banks are accepted. Out of the area banks require a Cashier's or Certified check.
or
(B) To pay by posting bonds, you must pay the deposit required in the Judgment and Order of Sale and you must have a Surety, which must be a pre-approved banking institution. Your Surety must be pre-approved by the Master Commissioner's office no later than 12:00 noon on the Friday immediately preceding a Tuesday sale. A Loan Officer from the pre-approved banking institution must attend the Sale with you and must sign the surety forms immediately following the sale. The Surety must unconditionally guaranty payment of the bonds. There can be no conditions of the Surety.
ALL SALES ARE SUBJECT TO REAL ESTATE TAXES DUE AND OWING FOR THE YEAR OF SALE AND THERAFTER.
THE END
TERMS AND CONDITIONS OF KENTON
COUNTY MASTER COMMISSIONER SALES
1. Master Commissioner Sales are "Buyer Beware" Sales.
2. The Property is sold "As Is" "Where Is."
3. The high bidder does not receive a Warranty Deed. The high bidder receives a Master Commissioner Deed with no warranties.
4. Title to the property is not warranted by the Court, by the Master Commissioner or by the Plaintiff.
5. The condition of the property is not warranted by the Court, by the Master Commissioner, or by the Plaintiff.
6. If you bid on property, you should have done your due diligence before you bid, not after! This includes both inspections of the title and liens on the property and also the condition of the property.
7. Sales are confirmed by the Circuit Court on Monday thirteen (13) days after the Sale at 9:00 a.m. If that Monday is a holiday, then the Sales are confirmed on the Tuesday fourteen (14) days after the Sale at 9:00 a.m. Deeds cannot be given until Sale is confirmed.
8. Objections to Confirmation must be in writing and filed in the Circuit Clerk's office prior to the Confirmation Motion date for the Report of Sale. Objections must be served on the Attorney for the Plaintiff and on all parties to the action and on the Master Commissioner.
9. If you are the high bidder at the Sale, you must pay in one if two ways:
(A) Cash for the full purchase price immediately following the Sale. Checks on local banks are accepted. Out of the area banks require a Cashier's or Certified check.
or
(B) To pay by posting bonds, you must pay the deposit required in the Judgment and Order of Sale and you must have a Surety, which must be a pre-approved banking institution. Your Surety must be pre-approved by the Master Commissioner's office no later than 12:00 noon on the Friday immediately preceding a Tuesday sale. A Loan Officer from the pre-approved banking institution must attend the Sale with you and must sign the surety forms immediately following the sale. The Surety must unconditionally guaranty payment of the bonds. There can be no conditions of the Surety.
ALL SALES ARE SUBJECT TO REAL ESTATE TAXES DUE AND OWING FOR THE YEAR OF SALE AND THERAFTER.
ALL SALES ARE SUBJECT TO REAL ESTATE TAXES DUE AND OWING FOR THE YEAR OF SALE AND THERAFTER.
THE END