Tract 1A: Tract 1 MINERAL RIGHTS
1 Acre
A 10% Buyer's Premium will be added to the final Sales Price. All applicable taxes will be assessed based on the sum of the sales price and buyer's premium.
Tract 1A: TRACT 1 Mineral Rights Only
Legal Description: The NE ¼ minus a tract of 26-29-9W in Kingman Co., KS (full legal description to be described by Security 1st Title). Mineral Rights Only.
Mineral Rights: Buyer shall receive Seller’s 0.1171875 royalty interest. Income from gas production was $4,714.09 in 2023.
TERMS
Earnest money required and shall be paid the day of the auction. Tract 1: $10,000; Tract 1A: $2,000, Tract 2: $10,000, Tract 2A: $2,000 with the balance due on or before April 26, 2024. The property is selling in “as is” condition and is accepted by the buyer without any expressed or implied warranties. It is the buyer's responsibility to have any and all inspections completed prior to bidding. The buyer and seller shall split equally in the cost of title insurance and the closing fee. Bidding is not contingent upon financing. Financing, if necessary, needs to be arranged and approved prior to the auction. Statements made the day of the auction take precedence over all printed advertising and previously made oral statements. Gene Francis & Associates and Gavel Roads are agents of the Seller.
This auction is a Multi-Parcel Auction. Tracts can be bid on individually, in combination, or all tracts together. The combination with the highest total dollar amount at the end of the auction will be deemed the winning bid. Combination bids will only be allowed after bids on all individual tracts have been made. To bid, click on the tract or tracts on the map above or list below you want to bid on and enter your bid or click "Request Bid" and click "Place Bid". If you have any questions call Tyler Francis at 316-734-7342.
Earnest money required and shall be paid the day of the auction. Tract 1: $10,000; Tract 1A: $2,000, Tract 2: $10,000, Tract 2A: $2,000 with the balance due on or before April 26, 2024. The property is selling in “as is” condition and is accepted by the buyer without any expressed or implied warranties. It is the buyer's responsibility to have any and all inspections completed prior to bidding. The buyer and seller shall split equally in the cost of title insurance and the closing fee. Bidding is not contingent upon financing. Financing, if necessary, needs to be arranged and approved prior to the auction. Statements made the day of the auction take precedence over all printed advertising and previously made oral statements. Gene Francis & Associates and Gavel Roads are agents of the Seller.
United States