BIDDING TERMS & CONDITIONS OF REAL ESTATE AUCTION
THE SHELBY AVENUE COLLECTION
816 Shelby Avenue | 818 Shelby Avenue #A | 818 Shelby Avenue #B
Nashville, Tennessee 37206
ONLINE WEBCAST REAL ESTATE AUCTION
Please read these Terms & Conditions carefully before registering or placing a bid. By registering for this auction or placing a bid through either authorized bidding platform, each bidder acknowledges that they have read, understand, and agree to be bound by these Terms & Conditions.
Any announcements, corrections, additions, deletions, or modifications made by the Auctioneer prior to or during the auction shall take precedence over previously published or advertised information.
________________________________________
AUCTION FIRM & AUCTION PARTNER
JD's Realty & Auction, LLC ("JD's," "Auction Firm," or "Auctioneer") is conducting this real estate auction on behalf of the Seller in partnership with Advantage Auctions.
Online bidding will be available through two separate authorized HiBid auction platforms:
" JD's Realty & Auction - HiBid
" Advantage Auctions - HiBid
Bidders may register and participate through either authorized bidding platform.
A bidder is required to register on only one platform to participate.
Both platforms provide access to the same auction event; however, the two HiBid catalogs are separate systems and do not automatically synchronize bids with one another.
The Auctioneer will conduct the auction in a webcast-style format and will coordinate bidding activity between the two platforms as described below.
Regardless of which authorized platform a bidder uses, all bidders are participating in the same auction event and are subject to these Terms & Conditions.
________________________________________
PROPERTIES OFFERED & ORDER OF SALE
The Shelby Avenue Collection consists of three separate real estate auction lots:
LOT 1
818 Shelby Avenue #A, Nashville, TN 37206
LOT 2
818 Shelby Avenue #B, Nashville, TN 37206
LOT 3
816 Shelby Avenue, Nashville, TN 37206
The properties will be offered one lot at a time in the order determined and announced by the Auctioneer.
Each property constitutes a separate auction lot.
Bidders may purchase one, two, or all three properties.
Each lot is selling subject to Seller confirmation.
________________________________________
WEBCAST BIDDING PROCEDURE
This auction will be conducted in a webcast-style online format utilizing two separate HiBid bidding platforms simultaneously.
The Auctioneer will conduct and control the bidding on each lot.
Bids may originate from either the JD's Realty & Auction HiBid platform or the Advantage Auctions HiBid platform.
Because the two platforms do not automatically communicate or synchronize with one another, the Auctioneer and/or authorized auction staff may enter, communicate, acknowledge, or advance the current bid on one platform to reflect competitive bidding received through the other authorized platform.
For example, if a bidder using the JD's platform places a qualifying bid, the Auctioneer may advance or reflect the bidding on the Advantage Auctions platform so bidders participating there have an opportunity to continue bidding, and vice versa.
Accordingly, a bid appearing on a bidding platform may represent a competing bid received through the other authorized bidding platform and may not necessarily represent a separate bidder registered directly through the platform on which that bid appears.
This procedure is intentional and is necessary to conduct one competitive auction simultaneously through two independent online bidding platforms.
The Auctioneer will maintain control of the bidding process and determine the recognized high bid and high bidder.
________________________________________
NO AUTOMATIC EXTENDED BIDDING
This auction does not rely upon an automatic soft-close or automatic extension system to determine when bidding concludes.
The Auctioneer controls the opening, advancement, and closing of bidding on each lot.
The Auctioneer will provide bidders participating through both authorized platforms a reasonable opportunity to respond to competing bids before declaring a lot sold or bidding concluded.
Do not rely upon a countdown clock or automatic platform closing time as the sole indication that bidding has ended.
A lot remains open for bidding until the Auctioneer declares bidding on that lot closed.
The Auctioneer's declaration that bidding has concluded shall control over any countdown timer, displayed closing time, or automated platform indication to the contrary.
________________________________________
ONE LOT AT A TIME
The properties will be offered one lot at a time.
Bidding on a subsequent lot will generally begin after bidding on the preceding lot has concluded, unless otherwise announced by the Auctioneer.
Bidders interested in more than one property should remain logged in and actively monitor the auction until all desired properties have been offered.
The sale or conclusion of bidding on one property does not automatically close bidding on any other property.
________________________________________
AUCTIONEER'S CONTROL OF BIDDING
The Auctioneer shall have sole authority to administer and control the bidding process, including:
" Recognizing bids;
" Establishing or changing bid increments;
" Communicating bids between the two authorized platforms;
" Advancing bidding on either platform to reflect competitive bids received through the other platform;
" Determining the current high bid;
" Resolving bidding disputes;
" Reopening bidding when reasonably necessary;
" Rejecting a bid when appropriate;
" Determining when bidding has concluded; and
" Declaring the successful high bidder.
In the event of a discrepancy between the two bidding platforms, the Auctioneer's records and determination shall control.
The Auctioneer's decisions regarding the conduct of bidding shall be final, subject to applicable law.
________________________________________
INSPECTION & DUE DILIGENCE
The properties are available for inspection by appointment and/or during announced preview periods.
Prospective buyers and their representatives are strongly encouraged to inspect the properties and complete all desired due diligence before bidding.
It is the bidder's responsibility to independently verify all information important to the bidder's purchasing decision, including but not limited to:
" Square footage;
" Acreage and boundaries;
" Zoning;
" Permitted uses;
" Utilities;
" Improvements;
" Property condition;
" Taxes;
" Title matters;
" Schools;
" Rental restrictions;
" Furnishings and personal property included with the sale; and
" Any other material facts.
Information provided by the Seller, Auction Firm, Advantage Auctions, MLS, websites, advertisements, tax records, photographs, measurements, floor plans, or other sources is believed to be accurate but is not guaranteed.
________________________________________
BIDDER REGISTRATION
All bidders must register through either the JD's Realty & Auction HiBid platform or the Advantage Auctions HiBid platform before bidding.
Registration may require identification, contact information, financial information, proof of funds, lender information, or other information reasonably requested by the Auction Firm.
The Auction Firm reserves the right to approve, reject, suspend, or revoke bidder registration when reasonably necessary to protect the integrity of the auction.
By registering or placing a bid, the bidder acknowledges and accepts these Terms & Conditions.
________________________________________
BIDS ARE BINDING
All bids are binding.
Bidders should carefully review the property, bid amount, Buyer's Premium, deposit requirement, and all auction terms before submitting a bid.
Once acknowledged by the Auctioneer, a bidder may not retract or reduce a bid except with the express consent of the Auctioneer.
Bidders are responsible for monitoring the webcast and their bidding platform throughout the auction.
________________________________________
BUYER'S PREMIUM
A 10% Buyer's Premium will be added to the successful high bid for each property to determine the Total Purchase Price.
Example
High Bid: $1,000,000
10% Buyer's Premium: $100,000
Total Purchase Price: $1,100,000
The Buyer's Premium becomes part of the Total Purchase Price.
________________________________________
CONTRACTS & DEPOSIT
The successful high bidder on each property shall execute the applicable Purchase and Sale Agreement promptly following the conclusion of the auction.
The successful Buyer shall pay a non-refundable deposit equal to 10% of the successful high bid amount for each property purchased.
Example
High Bid: $1,000,000
Required Deposit: $100,000
The deposit is calculated from the high bid amount before the Buyer's Premium is added.
The deposit shall be due at the conclusion of the auction or no later than the next business day if the auction concludes after normal business hours.
Deposits must be made by wire transfer, cashier's check, or another payment method approved by the Auction Firm.
The deposit shall be credited toward the Total Purchase Price at closing.
Upon Seller confirmation and execution of the Purchase and Sale Agreement, the agreement shall be binding upon Buyer and Seller and may not be revoked or terminated except as expressly provided in the Purchase and Sale Agreement.
________________________________________
NO FINANCING CONTINGENCY
The purchase is not contingent upon financing.
Bidders requiring financing should obtain approval and make all necessary financial arrangements before bidding.
Failure to obtain financing does not relieve a successful bidder from the bidder's contractual obligations.
________________________________________
NO APPRAISAL CONTINGENCY
The purchase is not contingent upon the property appraising for the Total Purchase Price or any other amount.
________________________________________
NO INSPECTION CONTINGENCY
The purchase is not contingent upon inspections or additional due diligence following the auction.
All desired inspections and due diligence should be completed before bidding.
________________________________________
PROPERTY CONDITION
Each property is being sold:
AS-IS, WHERE-IS, WITH ALL FAULTS AND AS-INSPECTED.
No warranties or guarantees are expressed or implied by the Auction Firm, Advantage Auctions, or Seller except as expressly provided in the Purchase and Sale Agreement or required by law.
Each bidder acknowledges that the bidder has had the opportunity to inspect the property and conduct independent due diligence before bidding.
________________________________________
FURNISHINGS & PERSONAL PROPERTY
The properties are being marketed as furnished.
Only furniture, appliances, fixtures, accessories, electronics, artwork, d�cor, equipment, and other personal property specifically identified as included in the applicable auction documents or Purchase and Sale Agreement shall convey with the property.
Photographs, videos, virtual tours, or marketing materials should not be relied upon as establishing that any particular item of personal property is included in the sale.
________________________________________
AGENCY
JD's Realty & Auction, LLC and its auctioneers, brokers, agents, and representatives represent the Seller only in this transaction unless otherwise expressly disclosed in writing.
Cooperation with buyer agents or referring brokers does not create an agency relationship between the Auction Firm and the Buyer.
________________________________________
BROKER PARTICIPATION
Buyer brokers may be eligible for compensation pursuant to the Auction Firm's published Broker Participation Agreement and requirements.
To qualify, the buyer's broker must satisfy all published requirements, including any registration deadlines and documentation requirements.
Participating brokers may be required to:
" Register their buyer in writing within the required time period and before prohibited prior contact occurs;
" Provide a valid Buyer Representation Agreement;
" Remain actively involved in the transaction through closing; and
" Comply with all other published Broker Participation requirements.
Any broker compensation shall be governed by a separate written Broker Participation Agreement or compensation agreement.
________________________________________
Closing & Title Company
Closing shall occur on or before 30 days following the auction, unless otherwise agreed to in writing.
Time is of the essence.
Closing shall be conducted through:
City Title Company
301 Plus Park Blvd., Suite 502
Nashville, TN 37217
Closing Title Agent: Cori Schuyler
Phone: 615-514-5647
Email: cori@citytitle.com
City Title Company will coordinate the closing and provide the necessary closing services for the transaction.
The Buyer shall pay the Buyer's customary closing costs. The Seller shall convey marketable title by General Warranty Deed, subject to permitted exceptions and the provisions of the Purchase and Sale Agreement.
Possession shall be delivered at closing unless otherwise stated in writing.

CLOSING
Closing shall occur on or before 45 days following the auction, unless otherwise agreed to in writing.
Time is of the essence.
The Buyer shall pay the Buyer's customary closing costs.
The Seller shall convey marketable title by General Warranty Deed, subject to permitted exceptions and the provisions of the Purchase and Sale Agreement.
Possession shall be delivered at closing unless otherwise stated in writing.
________________________________________
PRE-AUCTION OFFERS
The Seller reserves the right to consider and accept a pre-auction offer.
Until the Seller enters into a binding agreement prohibiting such action, the Seller and Auction Firm reserve the right to modify, postpone, or cancel the auction or remove one or more properties from the auction as permitted by law.
________________________________________
TECHNOLOGY DISCLAIMER
This auction utilizes two independent third-party HiBid bidding platforms.
Neither JD's Realty & Auction nor Advantage Auctions guarantees uninterrupted or error-free operation of HiBid, any website, internet connection, computer system, mobile device, or related technology.
The Auction Firm and Advantage Auctions shall not be responsible for a bidder's inability to place or transmit a bid caused by:
" Internet failure;
" Device failure;
" Software problems;
" Delayed transmission;
" Platform interruption;
" User error; or
" Other technological issues outside their reasonable control.
Bidders should not wait until the last moment to submit a bid.
Because this auction is controlled by the Auctioneer rather than an automatic closing mechanism, bidders should remain actively engaged until the Auctioneer declares bidding concluded.
In the event of a material technology issue, the Auctioneer may pause, reopen, continue, reschedule, or otherwise administer bidding in a manner reasonably intended to preserve the integrity of the auction.
________________________________________
HIGH BIDDER NOTIFICATION
Successful bidders will be notified using the contact information provided during registration.
Notification may be made by email, telephone, electronic signature platform, or other reasonable means.
Bidders are responsible for monitoring their email, telephone, and bidding account following the auction and completing all contractual obligations within the required time periods.
Failure to receive or notice a notification does not relieve a successful bidder of obligations resulting from a valid bid.
________________________________________
BUYER DEFAULT
If a successful bidder fails or refuses to execute required documents, deliver the required 10% deposit, close the transaction, or otherwise perform the bidder's obligations, the bidder may be considered in default.
The Seller and Auction Firm shall retain all rights and remedies available under the Purchase and Sale Agreement and applicable law.
________________________________________
SELLER CONFIRMATION & SELLER BIDDING
This is a Seller Confirmation Auction and is not an Absolute Auction.
The Seller reserves the right to accept or reject the high bid on each property.
To the extent permitted by Tennessee law, the Auctioneer may place bids on behalf of the Seller up to the Seller's reserve or other authorized amount.
The Auctioneer will not knowingly advance bidding on behalf of the Seller beyond the amount authorized by the Seller.
________________________________________
FORCE MAJEURE
The Auction Firm shall not be liable for delays, postponements, interruptions, or inability to perform caused by events beyond its reasonable control, including acts of God, severe weather, natural disasters, war, civil disturbance, governmental action, utility failure, widespread internet outage, or similar events.
________________________________________
GOVERNING LAW, JURISDICTION & VENUE
These Terms & Conditions and the auction shall be governed by the laws of the State of Tennessee.
Any legal action, claim, or proceeding arising from or relating to the auction, these Terms & Conditions, or the transaction shall be brought exclusively in the appropriate court located in Anderson County, Tennessee, unless otherwise required by applicable law.
Any dispute concerning the Purchase and Sale Agreement shall also be subject to the provisions of that Agreement.
________________________________________
BUYER ACKNOWLEDGMENT
By registering or placing a bid, each bidder acknowledges that the bidder:
" Has read and understands these Terms & Conditions;
" Understands that two separate HiBid platforms are being used;
" Understands that the platforms do not automatically synchronize;
" Understands that the Auctioneer may advance or reflect competitive bids between the two platforms;
" Understands that the properties will be offered one lot at a time;
" Understands that the Auctioneer-not an automatic countdown or extension system-determines when bidding has concluded;
" Has had an opportunity to inspect the property and conduct due diligence;
" Is purchasing AS-IS, WHERE-IS, WITH ALL FAULTS AND AS-INSPECTED;
" Understands there are no financing, appraisal, or inspection contingencies;
" Understands the 10% Buyer's Premium;
" Understands the required deposit is 10% of the successful high bid amount; and
" Understands that all bids are binding.
________________________________________
MODIFICATIONS & ANNOUNCEMENTS
These Terms & Conditions may be supplemented or modified by written notice or announcement from the Auctioneer before or during the auction.
Any authorized auction announcement or written modification shall take precedence over conflicting prior advertising or promotional material.
________________________________________
JD'S REALTY & AUCTION, LLC
Auction Firm / Real Estate Brokerage
In Partnership With Advantage Auctions

SHELBY AVENUE LUXURY REAL ESTATE AUCTION. THREE EAST NASHVILLE PROPERTIES | 19 BEDROOMS | FULLY FURNISHED | BID ONLINE 816 Shelby Ave & 818 Shelby Ave Units A & B | Nashville, TN 37206 An extraordinary opportunity is coming to auction in the heart of East Nashville. JD's Realty & Auction in partnership with Advange Auctions is pleased to offer three distinctive, fully furnished luxury properties on Shelby Avenue, just minutes from Downtown Nashville and the new Nissan Stadium. From individual luxury residences to a multi-property acquisition, this auction gives buyers an opportunity rarely available in Nashville: BUY ONE. BUY MULTIPLE. OR PURSUE THE ENTIRE SHELBY AVENUE COLLECTION. Together, the properties offer an incredible combination of 19 bedrooms, 20 full bathrooms, 3 half bathrooms, multiple entertaining spaces, rooftop skyline views, garages, designer furnishings and no HOA. At the center of the collection is 816 Shelby Ave�a substantial luxury residence featuring a finished basement, elevator, resort-style pool and separate two-bedroom guest house. Immediately next door are 818 Shelby Ave Units A & B�two impressive five-bedroom, 5.5-bath residences, each offered fully furnished and designed with private bedroom suites and exceptional entertaining spaces. Whether you're looking for a Nashville residence, corporate or executive housing, multigenerational accommodations, an investment opportunity, or the chance to acquire multiple neighboring properties, this auction deserves your attention. LOT 1 � 818 SHELBY AVE #A 5 Bedrooms | 5.5 Bathrooms | Approx. 2,739 Sq. Ft. | Fully Furnished built in 2020, 818 Shelby Ave #A offers an open-concept floor plan with five bedrooms, each paired with its own full bathroom. Highlights include a spacious kitchen with island, finished hardwood and tile flooring, gas fireplace, wet bar, elevator, detached two-car garage, balcony and outdoor entertaining area featuring a fireplace and built-in pizza oven. Head upstairs and enjoy rooftop views toward Downtown Nashville and the new Nissan Stadium. Approx. 0.20 Acre | 50' x 175' Lot | No HOA LOT 2 � 818 SHELBY AVE #B 5 Bedrooms | 5.5 Bathrooms | Approx. 2,727 Sq. Ft. | Fully Furnished Neighboring Unit A, 818 Shelby Ave #B provides another exceptional opportunity with five bedrooms and five full bathrooms plus a half bath.The home's layout emphasizes entertaining and privacy, with an open kitchen and living area, two fireplaces, wet bar, finished hardwood and tile flooring, covered porch, patio, balcony and detached two-car garage. Like its neighboring property, Unit B offers impressive views toward Downtown Nashville and the new Nissan Stadium. Approx. 0.20 Acre | 50' x 175' Lot | No HOA LOT 3 � 816 SHELBY AVE 7 BR / 7.5 BA Main Residence | Approx. 5,403 Sq. Ft. | Separate 2 BR / 2 BA Guest House. The signature property of the collection- 816 Shelby Ave combines scale, luxury and versatility in one remarkable East Nashville property.The main residence offers approximately 5,403 square feet with 7 bedrooms, 7 full bathrooms and 1 half bathroom, including a finished basement with two bedrooms, two bathrooms and a large recreation room. An elevator serves the home's multiple levels, while high ceilings, an open floor plan, custom finishes, wet bar, fireplace and generous gathering spaces create an impressive environment for both everyday living and entertaining. Outside, you'll find a resort-style in-ground pool, hot tub, covered entertaining areas and Juliet balconies overlooking the pool.The rooftop provides panoramic views toward Downtown Nashville and the new Nissan Stadium. A separate approximately 715-square-foot guest house offers an additional 2 bedrooms and 2 full bathrooms, giving 816 Shelby Ave a total of 9 bedrooms and 9.5 bathrooms between the main residence and guest house. A detached three-car garage completes this exceptional offering Approx. 0.20 Acre | 50' x 175' Lot | No HOA Fully Furnished THREE PROPERTIES. ONE EXTRAORDINARY OPPORTUNITY.What makes this auction particularly compelling isn't simply what each property offers individually. It's what becomes possible when you put them together. Across the three offerings, buyers have the opportunity to acquire: 19 Total Bedrooms 20 Full Bathrooms + 3 Half Bathrooms Three Fully Furnished Luxury Residences Separate 2-Bedroom / 2-Bath Guest House Approximately 10,869 Sq. Ft. Across the Three Main Residences Approx. 715 Sq. Ft. Detached Guest House Resort-Style In-Ground Pool, Multiple Rooftop & Outdoor Entertaining Areas Elevator Access in Select Properties 7 Total Garage Spaces Downtown Nashville The possibilities are significant: luxury residential ownership, executive or corporate accommodations, multigenerational living, investment use, or a larger portfolio strategy, subject to applicable zoning and regulations. ONLINE-ONLY AUCTION This isn't simply an opportunity to purchase a Nashville property. It's an opportunity to compete for one of three neighboring East Nashville properties�or pursue an entire collection that would be difficult to assemble one property at a time. One online auction. Register today and be prepared to bid.