Auction

  • Auction Rooi Koochi 27-M - Jan 21, 2021 at 3:00 PM

    AUCTION

     

    THURSDAY January 21, 2021

    On Thursday January 21st, 2021 at 3 PM, at the Conference Room of the Chamber of Commerce, Aruba, will be auctioned in public pursuant to art. 3:268 jo. 3:254 Civil Code of Aruba:

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    A residential house, locally known as

    ROOI KOOCHI 27-M

    Three parcels of full ownership land (eigendom) totaling 1.346m2 situated at Rooi Koochi in Aruba:

    1. a parcel in total approx. 758 m2 in size, originating from a parcel of land recorded in the Title Registry of Aruba as Third Division Section H number 282, with index number D7050;

    2. parcel in total approx. 535 m2 in size, originating from a parcel of land recorded in the Title Registry of Aruba as Third Division Section H number 282, with index number D7048;

    3. parcel in total approx. 53 m2 in size, originating from a parcel of land recorded in the Title Registry of Aruba as Third Division Section H number 282, with index number D7049;


    Starting bid: Afl. 700.000,--

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    AUCTION NOTARY: T.R. JOHNSON

    The auction is subject to the general conditions for foreclosure auctions and special auction conditions which will be determined by civil law notary T.R. Johnson.

    Seller has the right to not accept any bid, at its sole discretion.

    The auction may be stopped or postponed at any time.

    Each bidder must submit a bank guarantee and/or letter of credit issued by a bank in Aruba to the amount of the highest bid increased with an amount equal to the auction costs.


  • The auction is subject to the general auction conditions and special auction conditions which will be determined by notary T.R. Johnson in a separate notarial deed for every separate property.

  • The auction will take place by raising bids (bij opbod) and by decreasing bids (bij afmijning) in one session.

  • Seller has the right to not accept any bid, at his sole discretion.

  • All auction costs are for the account of the buyer, which costs include: transfer tax, registration fees Land Registry, the outstanding long lease fees (erfpacht canon) and property taxes (grondbelasting) for execution of the necessary notarial deeds, other auction costs (rent of auction room, bailiff fees, cancellation of liens and mortgages, advertisements), and the costs to have the property vacated, if necessary.

  • Each bidder must be able to submit a bank-guarantee issued by a reputable bank in Aruba (or another proof of funds acceptable to the Seller) to the amount of the highest bid increased with an amount equal to the auction costs.

  • The auction may be stopped or postponed at any time.