Terms and Conditions

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14141 Old Hickory Blvd Nashville, TN 37013 LOCATED IN DAVIDSON CO., TN SELL1NG AT AUCTION ON June 16, 2011 @ 4:00 P.M. TERMS. CONDITIONS. AND ANNOUNCEMENTS AGENCY DISCLOSURE: RealtyTrust Auctioneers, LLC represents the Sellers of this property. ATTORNEY:

Seller will furnish a General Warranty Deed on property at closing …( Clear, Fee Simple, Insurable Title)

TERMS: A ten percent (10%) earnest money payment will be due immediately after being declared the buyer; you will be required to sign the contingency free Purchase and Sale Agreement provided by RealtyTrust Auctioneers, LLC. The balance is due in cash at closing within thirty (30) days. OTHER COSTS: Buyer will pay ½ attorney's closing fee (approx. $550.00) and recording fee for Buyer’s Warranty Deed. TAXES: The 2011 property taxes to be pro-rated date of closing. Any back taxes paid by seller. (Est. 2010 Taxes of record $11,537.00 annually) CLOSING: Closing will be held on or before July 15, 2011 @ Overland Title Company @ 106 Mission Ct. Ste#1002 Franklin TN 37067 (615) 369-8184 Elaine Phelps. NOTE: The buyer does not have the right to extend the closing date past May 2, 2011 POSSESS ION: Date of Deed – Plus 30 Days Buyer’s Premium: A Ten Percent (10%) Buyer’s Premium applies…ten percent will be added to the high bid to determine final contract purchase price ADDITIONAL CONDITIONS OF SALE: (1) Property will be selling by Deed Description; no survey has been conducted for the purpose of this sale (2) Property will be selling subject to all matters shown and/or recorded in public records of Davidson Co. (3) Property is selling "AS IS" without any warranties or representations being expressed or implied as to the fitness, use, habitability, merchantability, shape, size, quality, quantity, condition, age, environmental impacts, and/or hazardous and subsurface conditions, by the sellers nor their agents. No termite inspection being provided. (4) Property is selling subject to matter shown in preliminary Title commitment, including all restrictive covenants and By-Laws (provided) (5) Property will be selling subject to owner confirmation.


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