ACKNOWLEDGEMENT OF TERMS AND CONDITIONS

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The following is a summary of the Terms and Conditions for this auction for real estate situated at 180 Landover Road Gahanna, Ohio 43230

(the “Property”), being sold on (the “Auction”) 8/19/2026

The undersigned Bidder agrees to abide by the Terms and Conditions of the auction and will execute the real estate purchase

agreement. If you have not read and reviewed the Terms and Conditions, do not bid. In connection with the Terms and

Conditions, and without limiting the same, Bidder understands the following:

A) If you are the high bidder, you are contractually obligated to buy the real estate at the price stated as Your bid,

Buyer’s Premium, fees, and all other applicable Buyer closing costs.

B) Successful Bidder will be required to enter into the purchase agreement as posted on the Documents tab and tender

a NON-REFUNDABLE Earnest Money deposit of $5000 by cash, check, or electronic transfer after the

end of the auction within 24 hours. Failure to execute the purchase contract and tender the earnest money deposit

will put the bidder in default.

C) Default by Bidder: In the event of a default by the Bidder under the terms and conditions of this auction, the

Auctioneer reserves the exclusive right to terminate this Agreement and take any and all actions deemed necessary

and appropriate to sell the property, including, but not limited to, offering the property to the next highest bidder

or relisting the property for auction at the Auctioneer's discretion. Nothing herein shall limit or relieve the Bidder's

liability for any actual damages sustained by the Auctioneer, Seller, or any third party as a result of such breach. The

Auctioneer's exercise of rights under this section shall not constitute a waiver of any other rights or remedies

available to the Auctioneer, Seller, or any affected third party under this Agreement or applicable law.

D) Each Buyer is responsible for conducting their own due diligence on the Property before bidding. The buyer is

encouraged to conduct an inspection(s) prior to bidding.

E) The real estate sells in AS IS condition. The Seller is not making any repairs or making any concessions.

F) The sale is not contingent upon a satisfactory inspection.

G) The sale is not contingent upon the Bidder(s) ability to secure financing. The buyer assumes responsibility for the

appraisal gap, if any.

H) Closing to occur on or before 9/18/2026.

I) Seller will provide and pay for owner’s title insurance, preparation of deed, conveyance fee, and the proration of

real estate taxes.

J) Bidder acknowledges receipt of a copy of the real estate purchase agreement for this Auction.

K) There is a 10% buyer premium added to your final bid to determine

the final purchase price.

180 Landover Road Gahanna, Ohio 43230 - Reserve: $200,000