SOLD
Registration Status:
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Your Bid Status:
You have not bid on this lot
Tract:
Tract #5
Acres:
440.00
Time Remaining:
Auction has ended
Start Time:
3/23/2023 8:08 AM CDT
End Time:
3/30/2023 11:08 AM CDT
Your Bid:
-
Highest Bid:
$2/acre
Starting Bid:
$2/acre
Bid Increment:
$1
Total Cost at Highest Bid:
$1,346.40
(Bonus + Agency Fees + Advanced Rental + 3% Buyer Premium)
Legal Description:
T4N, R8E,
Sec. 25: N2NE4, NE4NW4, S2NW4, N2SW4, SE4
Tract Details
Tract No.
Tract #5
County, State
Meade, SD
Legal Description
T4N, R8E,
Sec. 25: N2NE4, NE4NW4, S2NW4, N2SW4, SE4
Acres
440.00
Royalty Rate
1/8th
Rental/Acre (Per Year)
$1.00
Buyer Premium
3.00%
Lease Term
5 years
Important Notices Pertaining to South Dakota Office of School and Public Lands Lease Auctions
Seller Acquisition Documents
Successful Bidder Notification and Buyer Premium
After all auctions have closed, the successful bidder will be notified via email with closing instructions, including total amount due.
A 3% Buyer Premium, calculated as 3% of the total bonus, will be added to the cost of this lease, payable to South Dakota Office of School and Public Lands within seven days.
South Dakota Office of School and Public Lands Point of Contact
Commissioner of School and Public Lands
Treyton Kost-Hillmer
Email
Treyton.KostHillmer@state.sd.us
Office
(605) 773-4171
EnergyNet Point of Contact
Bid History (Top 10)
Bidder
Placed
Amount
Bidder #419
3/29/2023 10:17:49 AM
$2