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AUCTION AGREEMENT This AUCTION AGREEMENT, made and entered into the day of, by and between Fritz of Central Florida, Inc. DBA. Fritz Real Estate and Auctions, hereinafter referred to as Auctioned
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How to fill out an auction agreement - bfloridab?
01
Read the entire agreement thoroughly to understand its terms and conditions.
02
Fill in the date of the auction agreement. Make sure it is accurate and up to date.
03
Enter the names of all parties involved in the auction agreement, including the auctioneer, the seller, and the buyer.
04
Specify the details of the auction, such as the location, date, and time.
05
State the property or items being auctioned. Provide a detailed description of each item.
06
Determine the starting bid or reserve price, if applicable. This is the minimum amount at which the auction will commence.
07
Include any additional terms or conditions that both parties agree upon, such as payment methods, buyer's premiums, or any warranties.
08
Review and sign the agreement, ensuring that all parties involved have provided their consent and understanding of the terms.
09
Keep a copy of the fully executed auction agreement for your records.
Who needs an auction agreement - bfloridab?
01
Auctioneers: Auctioneers who are conducting auctions in the state of Florida will need an auction agreement to outline the terms and conditions of the auction.
02
Sellers: Individuals or businesses who are selling property or items through an auction will require an auction agreement to establish the terms of the sale.
03
Buyers: Buyers participating in an auction in Florida may need to review and sign an auction agreement to acknowledge their understanding of the terms and conditions outlined in the agreement.
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