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CHURCH LANE PROPERTY
 SOLD for $500,000
Description:

 

Carroll S. Klingelhofer, III, Attorney At Law
409 Washington Avenue, Suite 820
Towson, MD 21204-4903
 
 
ESTATE AUCTION
OF
COMMERCIAL PROPERTY
ZONED ML-IM
NOS. 124, 126 and 130 CHURCH LANE,
TEXAS, COCKEYSVILLE, BALTO. CO., MD 21030
 
            The undersigned Personal Representatives, will offer for sale, with reserve, the real properties at Public Auction on the premises on
 
THURSDAY, SEPTEMBER 12TH, 2013
At 11 AM (EDT)
 For Plat - see Document attached below (just above the photos) scroll down
124 Church Lane – This fenced lot contains 14,070 sq. ft. of land, more or less and is subject to a lease until 10/14.
126-126A Church Lane – contains 10,135 sq. ft. of land, more or less and is improved by a brick and block building containing 3,540 sq. ft., more or less and divided into 2 contractor style office-warehouse units.
130 Church Lane – contains 10,125 sq. ft. of land, more or less, and is unimproved. The property will be sold subject to a license agreement for encroachment.
 
For Deed see Liber No. 28428, folio 493, etc.
 
The real properties will be sold subject to conditions, restrictions and agreements of record affecting same, if any. The properties will be sold “AS IS”. 
 
Manner of Sale: The properties will be offered individually and the bids reserved or accepted. Then the two properties will be offered together with a 5% increase of the individual bids, and accepted or rejected at that time.
 
TERMS OF SALE:
A deposit of $15,000 for EACH property will be required from the purchaser(s) at the time and place of sale. The balance of the purchase price(s) to be paid in cash at settlement, which shall occur on or before October 31, 2013, time being of the essence. Otherwise, the deposit(s) herewith required shall be forfeited and the property (ies) resold at the risk and cost of the defaulting purchaser(s), including attorney fees, deficiency in purchase price(s) and all costs of resale. Interest to be paid on the unpaid purchase price(s) at10% per annum from date of sale to date of settlement(s). Costs of conveyancing, recording, transfer taxes, documentary stamps, and all other costs incident to settlement shall be borne by the purchaser(s). Taxes and all other public or governmental charges and/or assessments against the premises, which are or may be payable on an annual basis, are to be adjusted and apportioned as of the date of sale, and are to be assumed and paid thereafter by the purchaser (s). The purchaser(s) agrees to waive any right of inspection for lead paint and/or asbestos as provided under current Federal and State laws. Call auctioneer for appointment to preview real estate.
 
                        Vincent P. Nesline and Carroll S. Klingelhofer, III,
                        Co-Personal Representatives Estate of David O. Kaiss
                        And Kaiss Family Realty, LLC                                             
 
 
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