For the 2022 Real Property tax Foreclosure Auction: Property will be conveyed from the County to a successful bidder by Quit Claim Deed only, conveying all of the right, title and interest of the County in and to the property but not warranting title.
The aforementioned Quit Claim Deed from the County shall be recorded by the County in the Yates County Clerk's Office, after receipt of the full purchase price and recording fees.
In addition to the accepted bid price, Purchaser shall be responsible for the payment of a buyer's premium consisting of ten-percent (10%) of the accepted bid price.
A deposit consisting of twenty-percent (20%) of the accepted bid price plus the ten-percent (10%) buyer's premium shall be paid on the day of the auction. The minimum deposit is $1,000.00. If the total amount of the accepted bid price plus buyer's premium is less than $1,000 then such deposit shall consist of the entire bid price plus the ten-percent (10%) buyer's premium.
PLEASE READ:Yates-County-Property-Tax-Auction-Terms-and-Conditions-of-Sale document above for the complete terms and conditions of sale at this auction.