Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

When does the Winning Bidder sign a Purchase Contract?

April 26, 2017contract purchase winning

0

Posted

When does the Winning Bidder sign a Purchase Contract?

1 Answer

0

Posted

The successful bidder for each property shall be required to sign a Winning Bid Acknowledgement immediately after being declared the successful bidder. The successful bidder must also execute and deliver an “Auction Purchase and Sale Contract” for each property no later than (3) business days after being declared the successful bidder. This contract shall be provided to FMV Auctions and the Seller/Seller’s Agent. You can view the FMV Auctions Contract Addendum by clicking here.