TINDALL & NEIS
We are pleased to present the following lands located approximately 2½ miles south of Hwy 16 on Range Road 20 in the County of Vermilion River for sale as separate parcels:
Parcel One SE 24-49-2-W4: Total of ALT 127.1 titled acres. CVR profile designates 116.26 cultivated acres, with the balance pasture. Soil Final Rating is 64. 2023 CVR FAV is $27,470. Drainage ditch easement in northwest corner with an access provided to the interior field. Property taxes $673.08. 2024 crop was silage corn.
https://www.google.com/maps/place/53%C2%B014'16.7%22N+110%C2%B009'28.6%22W/@53.237973,-110.157954,83349m/data=!3m1!1e3!4m4!3m3!8m2!3d53.237973!4d-110.157954?entry=ttu&g_ep=EgoyMDI0MTAwMi4xIKXMDSoASAFQAw%3D%3D
Parcel Two Lot 1, Block 2, Plan 2421309 of SE 24: 5.16 titled acres. Located across the road from Devonia Estates. Kitscoty school attendance area. Three phase power line running north to south along east boundary. Gas line crosses site; vendor states County will re-route line to accommodate onsite development. Access is from the southeast corner approach.
Initial offers must be submitted by Noon MST, Tuesday November 26, 2024.
Progressive Tender® Steps:
Step 1: Submit Offer Document
- Download the Offer Document from the www.tntender.ca website, pick up a copy at the RE/MAX office, or ask for one to be emailed to you.
- Fill out the required details. Buyers must be GST registrants and provide a GST number at completion.
- Obtain a bank draft for the deposit requested (Acreage - $5,000, Farmland - $20,000) made payable to "RE/MAX of Lloydminster in Trust."
- Place both items in a sealed envelope and label it “Tindall & Neis Tender”.
- Deliver the envelope to RE/MAX of Lloydminster at 5726 –44th Street, Lloydminster, AB T9V 0B6 by Noon MST, Tuesday November 26, 2024. Attention: McClelland Group.
Step 2: Round Table Activity
- After the initial offers are opened, the Broker will contact each Bidder and inform them of the amount of the highest offer. Bidders will have until noon the following business day to submit a revised offer by phone, email, or text if they wish.
Step 3: Final Offer
- This "round table" process continues for each parcel daily until every Bidder declares their Final Offer.
- If a Bidder doesn’t respond within the time limit or increase their offer by a minimum amount of 2% over the previous round's highest offer, their last offer will automatically be declared as their Final Offer.
- Matching offers during progression rounds are discouraged.
Step 4: Confidentiality
- All Bidder names are kept confidential and only revealed to the Seller with the offer history when the progression rounds conclude. Offer history is the sole possession of the Seller.
Step 5: Finalizing Purchase
- The Seller reserves the right to reject any or all offers, engage in further negotiations on price or terms, and may award the sale of the subject property to the buyer of their choice.
- The successful Bidder must complete a Purchase Contract with the Broker within two business days of acceptance; a draft of which is available on the website.
- Bidder’s proposed completion date for possession is January 15, 2025. Surface leases and property taxes will be adjusted to possession date.
Step 6: Diligence Activity, Legal and Accounting Costs
- Property is sold “as is”. Bidders are encouraged to conduct their own diligence including appraisal for value, home inspection, water quality and quantity, or survey / real property reports.
- Each party is responsible for their own legal and accounting costs. There is no buyer transaction fee.
Step 7: Notification
- All Bidders will be notified about the outcome once a Purchase Contract is completed between the successful Buyer and Seller. Deposits from unsuccessful Bidders will be released in a timely manner by the Broker once the Purchase Contract is in place.
The McClelland Group, Agricultural and Commercial Specialists with RE/MAX of Lloydminster, offers a full range of consulting services, land valuation, leasing, and real estate marketing to clients across Alberta and Saskatchewan.
Call us today and start the conversation!
Grant McClelland – Direct (780) 871-4221 Email: grant.m@progressivetender.com
Vern McClelland - Direct (306) 821-0611 Email: vernmcclelland@remax.net