PUBLIC AUCTION MONTGOMERY CO COMMERCIAL BUILDING
SOLD SOLD SOLD
On the front steps of the premises, located at 8341 Beechcraft Avenue, Gaithersburg, Maryland 20879, on:
TUESDAY August 4, 2020
at 11:00 a.m.
SUMMARY OF TERMS: A deposit of Seventy Five Thousand Dollars ($75,000.00) for the Property, payable in cash, certified check or other form acceptable to the Trustees, will be required of the purchaser(s) at the time and place of sale. The successful bidder will be required to increase the deposit to ten percent (10%) of the bid amount within five (5) business days of the date of sale by delivering certified funds to the Trustees in an amount sufficient to bring the total deposit to ten percent (10%) of the bid amount. The balance of the purchase price shall be due at settlement in cash or by certified check together with interest on the unpaid balance of the purchase price at the rate of seven percent (7%) per annum from the date of sale to and including the date of settlement, which settlement shall occur within twenty (20) days following the final ratification of sale by the Circuit Court for Montgomery County, Maryland.
FOR FULL TERMS PLEASE REFERENCE LEGAL AD (DOCUMENTS SECTION)
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