177 Acres Castlerea,Castlerea,Co. Roscommon

Terms & Conditions – please read carefully.

General Conditions:
• The highest bidder to be the purchaser subject to the right of the owner to withdraw the property should the reserve not be met.
• The particulars and conditions of sale may change prior to the auction and it is the sole responsibility of the bidder to make sure they have the latest version.
• The auctioneers reserve the right to sell the property prior to auction, withdraw the property from auction, change the order of the lots or consolidate the lots without notice to any prospective purchaser.

Viewing:
If you wish to view the property you should contact REA T E Potterton Auctioneers Trim 046 9431391. We will facilitate you and arrange access if required for you and or your surveyor. If you have any further queries regarding the property please contact our office.

Description of Property:
The particulars contained in our brochure / advertising / social media are issued by REA T E Potterton on the understanding that all negotiations are conducted through them. All descriptions, dimensions etc., included in these particulars, and any statements made by us or our representatives, are made in good faith but are not intended to form a basis for any Contract. Any intending Purchaser should not rely on them as statements or representations of fact, but should satisfy themselves by inspection or otherwise as to the correctness of each of them before committing themselves to a Contract. Any maps, plans or photographs in the brochure shall be indicative only and shall not form part of the contract.

Guide Price:
The guide price should not be construed as being the selling price of the property and it is the purchasers responsibility to decide how much to bid at auction.

Identification:
In order to register it will be necessary to upload a copy of your passport / driving licence and proof of address ie: bank statement / correspondence from a government agency dated within the last 3 months.

Registration:
In order to bid at the auction it will be necessary to register with our office (Trim 046 9431391) at least 2 business days prior to the auction. The auctioneer assumes the bidder is bidding for him / herself. If the bidder intends to purchase the lot in a name other than his or her personal name, arrangements must be made with the auctioneers in advance. By registering you are deemed to have accepted the terms and conditions of the auction and authorize us as agents for the vendor to sign the completed contract for sale on your behalf.

Legal Documentation:
Prior to the auction the solicitor for the vendor will make available legal documents in relation to the property, copies of these legal documents are available to read online or to download. It is important you should consult your solicitor in relation to the contracts / conditions of sale of the property before bidding as you will become legally bound by the said conditions of sale if you are the highest bidder and the property is knocked down to you.


Reserve Price:
The price agreed between the vendor and the auctioneer at which the property can be sold. In the event of the property not reaching the reserve, the auctioneer will deal exclusively with the highest bidder (for half an hour following the auction) in order to realise a satisfactory sale. If a deal is not concluded then the auctioneer may deal with the underbidders and any other interested parties following that period of negotiation.

Deposit:
A deposit is required in order to bid and this is payable in advance of the auction by online bank transfer. Our bank details will be provided to you at registration. The successful bidders deposit will become non-refundable as soon as the property is sold and a binding contract will be entered into and the agents are hereby authorised to sign the contract for sale on your behalf. The deposit payable on the signing of the contract is 10% of the purchase price. If there is a shortfall in the deposit furnished by the purchaser prior to the auction, then the purchaser shall be required to lodge the balance of the deposit with the auctioneers within 2 business days of the online auction.
If you are not the purchaser your deposit will be returned to you in full following the auction to the account from which it came.

Livestock Live Ltd (LSL) Online Platform:
Neither REA T E Potterton Auctioneers or LSL Online Auctions, their servants or agents shall be responsible in any manner whatsoever whether in contract law, tort, common law or otherwise for any loss arising in whatever fashion as a result of loss of internet connectivity during the auction process. The bidder accepts that such contact is at the bidders own risk and in the event that the internet link is not established or breaks down or if there’s any confusion or disruption then the bidder will not be able to participate in the auction. Full terms and conditions available on the LSL app.