TERMS AND CONDITIONS OF THE REAL ESTATE AUCTION
507 7th Ave. Lewiston, ID 83501

BIDDER REGISTRATION: All prospective buyers must register with Auction Company in order to be issued a Bidder's number and bid at the auction. Bidders will need proof of the appropriate deposit funds as stated below upon registration.

BUYER'S PREMIUM: A 10% (ten percent) Buyer's Premium will be charged and added to the high bid in order to determine the Final Contract Price. The successful Bidder will be required to sign an Idaho Real Estate Sales Agreement ("Purchase Contract") and submit deposit funds on the day of the auction, or as soon as possible.

DEPOSIT: A $10,000 deposit will be required for the property on auction day from the successful bidder. The deposit shall be in the form of a cashier's check, or Wire transfer for online bidders due within 46 hours of the start of the auction. Balance of the Final Contract Price is due on or before 33 days from the date of the auction (August 21st 2025). Deposit funds are non-refundable upon the seller's acceptance.

BROKER REGISTRATION: A 2 % commission of the purchase price will be paid to a properly licensed Real Estate Broker whose prospect pays and closes escrow on the auction property. To qualify for the commission, licensed agent must register and accompany their client to the auction. A Broker Registration form must be signed by Broker, their Principal Broker, and buyer and be received and acknowledged by the Real Estate Broker/Auction Company; KWRB C/O Tim Stuart by 6pm Friday, July 18th, 2025. Registration forms may be emailed to TimStuart@kw.com or mailed via US Mail to KWRB ATTN: Tim Stuart, 1065 S. Allante Place Boise, ID 83709

CLOSING: Closing will occur on or before Thursday, August 21st, 2025, through Flying S Title Company Title contact Kath 208-634-4705

POSSESSION: Possession shall be 6pm on the date of closing (funded and recorded)

TITLE: Standard Title Insurance and escrow closing fees apply. Title insurance will be provided by the seller insuring the title on such property to be in fee simple, subject to no encumbrances except for current taxes and assessments, easements, right of ways, reservations, covenants, conditions, and restrictions of record. A copy of the Preliminary Title Report will be provided prior to close of escrow. This transaction shall close in an escrow office, escrow fees to be split 50/50. Taxes will be pro-rated as to the date of closing. The highest bidder will be liable for breach of the Purchase Contract, if said bidder cannot perform and will have no further right to any amount deposited.

PROPERTY INSPECTION: Previewing is essential. The property is being sold in "AS IS - WHERE IS" condition, with no warranty or representation, expressed, written or implied. The sale of this property is subject to any and all easements, restrictions, roadways, and right-of-ways of record. Potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. Bidding is not contingent upon any financing or additional inspections. Real Property may include what personal property is onsite at the time of possession.

SELLER'S & AUCTIONEER'S DISCLAIMER: KWRB represent the Seller. All announcements made by the Auctioneer on auction day shall take precedence over any previously written material or oral statements made. Conduct of the auction, increments of the bidding and decisions as to the high bidder will be at the direction and sole discretion of the Auctioneer. The information contained in the Property Information Package is believed to be accurate but is subject to verification by all parties relying on it. Neither the Seller, Auctioneers, nor their respective agents, representatives, employees, officers, directors, nor shareholders shall be liable for any inaccuracies, errors, or omissions in the brochure or in any related document submitted or delivered in connection herewith. All acreage, dimensions, square footage, and taxes in the brochure are from public record and are deemed reliable but are not guaranteed.

ONLINE & ABSENTEE BIDDING: Internet bidding will be available through the www.KWPP.HiBid.com website if you are unable to bid Online at the live webcast event and want to bid on the property. Absentee bids will also be accepted, providing you qualify with Tim Stuart @ KWRB. 24 hours prior to the auction. All online and absentee bidders must sign a bidder registration form stating that they have inspected the property prior to bidding or waive the right to do so. Property being sold subject to the Owners approval, which we should have by Monday July 22nd 2025 or as soon as reasonably practicable thereafter.

Property being sold subject to the seller's confirmation: Suggested starting bid of $250,000

Personal property being sold is AS-IS Where-Is with no guarantee through www.MaconBrosAuction.com
Personal Art and Private collection also being sold by auction, though Macon Bros. Auctioneers. See QR code or click here...
https://tinyurl.com/Bid-on-Antiques

SELLER RESERVES THE RIGHT TO SELL THE PROPERTY UP TO ONE WEEK PRIOR TO THE AUCTION.
Auctioneer reserves the right to change any Terms of Sale or remove property from the auction.

Historic Queen Anne Home 6 Bed 3 Bath 2-Car Garage, Pool, on Corner Lot Built in 1902, this beautifully preserved Queen Anne-style home sits on a prominent corner lot across from the Lewis-Clark Library. With 6 bedrooms and 3 full baths, it blends historic character with modern functionality. Original features include ornate woodwork, high ceilings, bay windows, and detailed exterior trim. Historic newspaper articles document the story of its original builder, adding rare provenance. Outside, enjoy a spacious yard, detached 2-car garage, and a large 16' x 32' pool � perfect for entertaining. Auction Preview Dates: Saturday, June 28 11 AM � 3 PM Saturday, July 12th 11 AM � 3 PM and on Auction day at 10am until the property sells at 3pm (PT) Live Auction: Saturday, July 19th at 3 PM (PT) On-site at 507 7th Ave, Lewiston, ID with Online bidding through KWPP.HiBid.com Register with Tim @ 503-680-4959 Personal Property! Dealer's Private Lifetime Collection of Antiques and Furnishings selling by Auction through www.MaconBrosAuction.com July 21st and 22nd (Monday/Tuesday) Bidding will be Online Only and begin closing at 10AM both days Don't miss this unique opportunity to own a true Lewiston, ID landmark.