Grant County Land Auction
429.45± Acres
Bidding opens Tuesday, November 1, at 10:00 AM and closes Thursday, November 3, at 6:00 PM CST

Title Company:
Tri-County Title Services LLC
15 W Main Street
Platteville, WI 53818

Online Bidding: Register to bid at http://peoplescompany.bidwrangler.com/

Offering 429.45± Acres m/l of Grant County, Wisconsin farmland through an ONLINE ONLY auction where all bidding must be done online through Peoples Company's bidding application. Bidding will open Tuesday, November 1, 2022, at 10:00 AM and will remain open until Thursday, November 3, 2022, at 6:00 PM Central Time Zone (CST) with closing taking place on or before December 15th, 2022. A bid placed within 3 minutes of the scheduled close of the auction will extend bidding by 3 minutes until all the bidding is completed. If you plan to bid, please register 24 hours prior to close of auction. Under no circumstances shall Bidder have any kind of claim against Peoples Company or its affiliates if the internet service fails to work correctly before or during the auction.

Tract One: 257.67± Surveyed Acres. A small portion of the east boundary may be enrolled into a Perpetual CREP Easement. Fences and CREP Easement corners do not match because no CREP monuments where to be found by surveyor. The surveyed boundary follows the current fence line which is believed to be installed on the CREP boundary. Buyer(s) acknowledges that if in fact a portion of the property is enrolled into the Perpetual CREP Easement that buyer(s) will follow any and all rules and regulations regarding the easement. Tract 1 does not have a well and or a shared well. Contact agent with any questions. 
Tract Two: 43.16± Surveyed Acres
Tract Three: 128.45± Acres. Tract three is in the process of being surveyed and will be completed prior to the auction. 

Agency: Peoples Company and its representatives are agents of the Seller. Winning bidder(s) acknowledge they are representing themselves in completing the auction sales transaction.

Real Estate Taxes: The real estate taxes will be prorated between the Seller and Buyer(s) to the date prior to closing.

Bidder Registration: All prospective bidders must register with Peoples Company and receive a bidder number in order to bid at the auction. Peoples Company and its representatives are agents of the Seller. Winning bidder(s) acknowledge they are representing themselves in completing the auction sales transaction.

Farm Program Information: Farm Program Information is provided by the Grant County Farm Service Agency. The figures stated in the marketing material are the best estimates of the Seller and Peoples Company; however, Farm Program Information, base acres, total crop acres, conservation plan, etc. are subject to change when the farm is reconstituted by the Grant County FSA and NRCS offices.

Earnest Money Payment: A 10% earnest money payment is required on the day of the auction. The earnest money payment may be paid in the form of a check or wire transfer. All funds will be held in the Tri-County Title Services LLC trust account.

Closing: Closing will occur on or before Wednesday, December 14, 2022. The balance of the purchase price will be payable at closing in the form of a guaranteed check or wire transfer. With respect to the timing of the Sellers and successful Buyer(s) in fulfilling their obligations under the Real Estate Purchase Contract, time is of the essence.

Possession: Possession of the land will be given at closing; subject to the tenants rights. 

Farm Lease: The current row crop lease expires once the crop is harvested. The pasture lease expires on November 1, 2022.

Contract & Title: Immediately upon the conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit with Tri-County Title Services LLC the required earnest money payment. The terms of the signed Real Estate Purchase Contract shall govern the sale and shall supersede all prior negotiations, discussions, representations, or information regarding the sale, including this brochure. The Seller will furnish, at Seller’s expense a current Title Commitment for an Owner’s Policy in the amount equal to the Total Purchase Price. Buyer will pay the premium for any title insurance policy Buyer chooses to obtain.  Seller agrees to convey marketable title to the property. This sale is not contingent on financing. 

Fences: Existing fences, if any, are in as-is condition and will not be updated or replaced by the Sellers. Not all tract and boundary lines are fenced and if needed, will be the responsibility of the Buyer at closing. Existing fence lines may not fall directly on the legal boundary.

Other: This sale is subject to all easements, covenants, leases, and restrictions of record. All property is sold on an “As is – Where is” basis with no warranties, expressed or implied, made by the Auctioneer, Peoples Company, or Seller. All bids will be on a per-acre basis. Peoples Company and its representatives are agents of the Seller. Winning bidder acknowledges that they are representing themselves in completing the auction sales transaction. Any announcements made on auction day by the Auctioneer or Listing Agents will take precedence over all previous marketing material or oral statements. Bidding increments are at the sole discretion of the Auctioneer. No absentee or phone bids will be accepted at the auction without prior approval of the Auctioneer. All decisions of the Auctioneer are final.

Disclaimer: All field boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Overall tract acres, tillable acres, etc. may vary from figures stated within the marketing material. The buyer should perform his/her own investigation of the property prior to bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from title paperwork.