AUCTION TERMS & CONDITONS
1. Property/Time/Place: This auction is for property of William W. Rowe Estate located at 1543 Winnwood Lane,
Summerton, SC_
further identified as
Clarendon
_
_County, SC TMS# 074-15-00-001-00 and 074- 5-00-010-00 and the
assumption/takeover of a lease from Santee Cooper_ The auction will be held online at www.jrdixonauctions.com..
2. Property Inspection & Disclaimer: It is the Purchaser’s sole responsibility to perform his own due diligence, including
verification of all property information and public records. Information presented herein and in any advertisement or other
promotional items, while gathered from sources believed to be reliable, are not warranted or guaranteed by Auctioneer J. Rafe
Dixon, nor the seller. Personal inspection and verification of any and all items is the responsibility of the bidder. The property is
offered “AS IS” and no warranty or guarantee of value, condition, suitability or fitness for a particular use or purpose is expressed
or implied. Seller nor Auctioneer have had any environmental studies or inspections performed, and accordingly, make no warranty
regarding such. By placing a bid, Bidder waives all rights to further inspections, including lead based paint inspections.
3. Property Disclosure: The property is selling subject to the rights-of-way and easements of record.
4. Bidder Registration: While there is no obligation to bid, you must register to bid, by showing proper credentials.
5. Buyer’s Premium: A ten percent (10%) Buyer’s Premium will be added to the final bid price and included in the total
contract price. Buyer’s Premium does not imply an agency relationship between Auctioneer and Bidder/Buyer.
6. Reserves: If a reserve price exists, Auctioneer reserves the right to bid on behalf of the Seller, up to the reserve
price. The reserve price is confidential and may not be disclosed.
7. Purchase Contract: Once the high bidder is determined, and the bidding is closed by the Auctioneer, the high bidder will
be required to sign the Purchase Contract for the amount of the high bid plus the 10% Buyer’s Premium which totals the contract
price. Other documents may also require signature.
8. Deposit: In addition to signing the contract, the high bidder will be required to pay, in US funds, a nonrefundable deposit of
ten percent (10%) of the total contract price. Acceptable forms of payment are cash or cashier’s check. Personal or company
checks may be accepted, at the discretion of the auctioneer. A bank letter of guarantee may be required for personal or company
checks.
9. Contingencies: There are none. Bidder understands and agrees that the sale is not contingent upon financing, appraisals,
further inspections, survey, third party approval, or the like. You are bidding to buy the property AS IS with NO
CONTINGENCIES WHATSOEVER.
10. Closing: Closing will take place no later than December 10, 2026 (must close within calendar year 2026) a the law offices of _Williiam Johnson, Manning, SC.. Seller will pay
for deed preparation and deed stamps. All other closing costs will be paid by the Buyer, including title search, recording fees,
attorney fees, etc. Property taxes will be prorated to the day of closing.
11. Survey: Any required survey will be the responsibility of the Buyer.
12. Title Insurance, if desired, will be purchased by the Buyer.
13. Agency Disclosure: Auctioneer J. Rafe Dixon is acting exclusively as an agent for the Seller. The Auctioneer is not acting
in any way as an agent for the Bidder/Buyer. Auctioneer is not a Dual Agent.
14. Equal Opportunity: All bidding is open to the public. The property is available to all qualified purchasers without regard
to race, color, religion, familial status, national origin, or handicap/disability.
15. Miscellaneous: All decisions of the auctioneer are final as to methods of bidding, disputes among bidders, acceptable
bidding increments and other matters that may arise before, during, or after the auction. Sale day announcements take precedence
over any prior statements, printed material or advertising.
Bidders Acknowledgement: I have received a copy of these terms and conditions understand them and agree
to abide by them. I have received a copy of the agency disclosure brochure and understand that the auctioneer
is the agent of the seller, and only the seller. I agree to the terms and conditions stated herein. Should I become
the high bidder, I will sign the Purchase Contract and other documents as may be required. This document will
become part of the non-contingent contract of sale to purchase the property described herein.
Signature: _________________________________________DL #:______________________________
Name and Address: ____________________________________________________________________
_____________________________________________________________________________________
Bidder phone & email:_________________________________________________________________
BIDDER NUMBER ___________________________HIGH BID_______________________________
