Boden Rd. Guernsey County. 133 Acres Land & Mineral Rights SOLD $1,534,500

The following is a summary of the Terms and Conditions for this online auction of real estate located at and/or identified as 0 Boden Rd, Cambridge, Ohio 43725 (the “Property”), being Guernsey County parcels 01-0001781.000 (132.033 acres) and 01-0000262.000 (1.783 acres), totaling approximately 133.816 acres per current legal descriptions.

By participating in this auction, the Bidder acknowledges, agrees, and accepts that the Bidder has fully read, understands, and consents to be bound by all of the following Terms and Conditions.

This is a Seller Confirmation Auction. If the highest bid meets or exceeds the Seller’s expectations, the highest bidder(s) will be required to execute the Real Estate Purchase Agreement. The Real Estate Purchase Agreement and title documents are available for review prior to bidding under the “Documents” tab of the auction website. No revisions to the Purchase Agreement will be permitted.

Auctioneers: Tristden Bauer, Brian Bauer, and Bauer Realty & Auctions, LLC represent the Sellers only.

AUCTION PROCEDURE

• All bids are legally binding for 24 hours following the close of the auction.
• The auction will begin closing on January 10th, 2025, at 1:00 PM EST. Bidding will remain open on this property until 5 minutes have passed without receiving a bid. This soft close ensures fairness and allows the highest bidder to win. Auctioneer reserves the right to shorten or extend this time.
• You are NOT bidding by the acre. Bidding is for a lump sum total dollar amount for the property.
• Combo bidding will be available on January 10th.
• Surface Parcels may be combined with other Surface Parcels only.
• Oil & Gas Parcels may be combined with other Oil & Gas Parcels only.
• No combo bidding between Surface and Oil & Gas Parcels will be allowed.
• Bidders are welcome to place bids simultaneously on Surface Parcels and Oil & Gas Parcels.
• Winning Bidders' purchase will not be contingent upon winning both a Surface Parcel and an Oil & Gas parcel.

 BUYER’S PREMIUM & PURCHASE PRICE

• A 10% Buyer’s Premium will be added to the winning bid to calculate the Total Purchase Price. All bid amounts displayed online DO NOT include the Buyer’s Premium.
• If Bidder’s bid is accepted, Bidder is legally bound to purchase the Property and agrees to pay the Total Purchase Price, consisting of:
• Winning Bid amount
• Plus 10% Buyer’s Premium
• Plus 50% of the standard title company closing fees
• Plus 50% of the Owner’s Policy of Title Insurance

NON-REFUNDABLE DEPOSIT

• The winning bidder(s) shall tender a non-refundable deposit equal to ten percent (10%) of the Total Purchase Price via electronic transfer or other method specified by the Auctioneer within one (1) business day of the conclusion of the auction.

PROPERTY CONDITION & INSPECTIONS

• The property sells AS-IS, WHERE-IS, and without any representations or warranties of any kind.
• Sellers will make no repairs or concessions for any condition or defect discovered.
• All bidders are solely responsible for conducting their own due diligence prior to bidding.
• Any inspections must be completed prior to bidding at the bidder’s expense.
• This sale is NOT contingent upon any inspection results.

FINANCING

• The winning bidder may choose to finance their purchase; however, this sale is NOT contingent upon the buyer obtaining financing.
• Buyers are advised to obtain lender pre-qualification prior to bidding.
• Buyer assumes responsibility for any appraisal gaps or lender valuation discrepancies.

 SURVEY

• Seller shall provide, at Seller’s expense, a boundary survey for each parcel sold.
• If the Property sells as a single tract, no new survey will be conducted.
• If sold in parcels, any contiguous parcels purchased by the same buyer will be surveyed as one tract unless the mineral parcel sells separately.
• All acreage amounts are approximate. Final purchase prices shall be based upon the completed survey of any parcels sold and will be adjusted by the acre based on the total purchase price of the auction parcel.

CLOSING

• Closing shall take place on or before February 13th, 2026, or following completion of all required surveys and county approvals. 
• Sellers will convey title by General Warranty Deed.
• Closing will be conducted by:

Monroe Street Title
Phone: 330-674-7070

MINERAL RIGHTS

• The Oil & Gas rights under each surface parcel are available to purchase with each surface tract, or individually. The current Oil and Gas rights are currently held by production under a 12.5% lease, which is available to review in the auction documents on the auction website. 
• The existing Oil & Gas lease contains a free gas provision. This provision runs with Parcel 5 only. There is no guarantee of free gas, and neither the Seller nor the Auctioneers make any representation or warranty regarding the availability, quantity, or delivery of free gas.
• Prior to bidding, bidders must do their own due diligence concerning the mineral estate of this property being offered at auction. The auctioneers are not oil/gas attorneys. Any bidder should contact an attorney for advice or guidance as to the statute of the mineral estate.

BIDDER INFORMATION & PRIVACY

• By bidding on any of our auctions, you agree that Bauer Realty & Auctions, LLC has the right to share your name and phone number with the winning bidder only. Our bidding process is very transparent, and upon the winning bidder’s request, we may provide our bidder's list to the winning bidder at the auctioneer's discretion.

 BIDDER ELIGIBILITY

• Bidders must be 18 years of age or older.
• Only the actual buyer may register and bid; no proxy or third-party bidding is permitted.
• All bidders are subject to approval at the Auctioneer’s sole discretion.
• Auctioneer reserves the right to request proof of funds or a lenders pre-qualification letter before allowing participation or acceptance of any bid.

BID RIGGING – FEDERAL LAW

Bid rigging is a federal felony under Title 15, Section 1 of the U.S. Code (Sherman Antitrust Act). Any agreement or understanding between bidders to restrict or suppress competitive bidding is illegal.

Violations may result in:

• Fines up to $100,000,000 for corporations
• Fines up to $1,000,000 for individuals
• Imprisonment up to ten (10) years

The Auctioneer reserves the right to report suspected violations to the FBI or other applicable authorities for investigation and prosecution.

TECHNICAL ISSUES

In the event of any technical difficulties involving servers, software, internet, or auction platform systems, the Auctioneer reserves the right to extend, pause, resume, or close the auction as deemed appropriate.

Neither the Auctioneer nor the software provider shall be liable for any missed bids or platform malfunctions.

ANNOUNCEMENTS

All oral announcements and online postings made by the Auctioneer shall take precedence over any previously printed or published materials.

DEFAULT & ENFORCEMENT

Should Bidder fail to comply with these Terms and Conditions, Auctioneer and/or Sellers may pursue all legal remedies available, including recovery of actual damages, court costs, and reasonable attorney’s fees incurred to enforce these terms.

Ohio