McQuinn Terms & Conditions

Wind Lease and Easement Notice

Certain properties are subject to existing wind lease and easement agreements with CR Clearing, LLC d/b/a Conception Wind Power. Based on the recorded wind documents reviewed, auction Tracts 6, 7, 8 and 9 are subject to wind agreements. Auction Tracts 1 & 5 are not included in those agreements. These agreements grant certain rights associated with the operation of the Conception Wind Project and impose certain restrictions on the affected properties.

The successful purchaser of any tract subject to a wind lease or easement agreement will acquire the property subject to the applicable agreement and will be required to assume and comply with the property owner's obligations under that agreement following closing.

Based upon guidance received from Seller's legal counsel and Constellation, the parent company of Conception Wind Power, Auction Company will provide the applicable title commitments and publicly recorded wind documents as part of the bidder information materials. Certain underlying lease documents are confidential, and Auction Company is not authorized to distribute those documents or interpret their provisions for prospective bidders.

Constellation has advised Seller that no wind turbines are currently located on the affected McQuinn parcels. The McQuinn wind agreement, which affects Tract 4 (not part of the auction) and auction Tracts 6, 7 and 8, currently generates a minimum fixed annual payment. Constellation has advised that upon separate ownership of these parcels, the payment will be prorated among the owners based upon acreage. Tract 9 is subject to a separate wind agreement and does not currently generate a wind lease payment.

Constellation has further advised Seller that the Repowering Effective Date under the McQuinn agreement occurred in July 2024 and that the current expiration date of that agreement is December 31, 2054.

The underlying wind agreements provide that portions of the property not occupied by wind facilities may continue to be used for farming, grazing and conservation purposes, subject to the terms of the applicable agreements. Prospective bidders are responsible for independently investigating the wind lease and easement matters affecting any tract and satisfying themselves as to their effect on the property prior to bidding. Neither Seller nor Auction Company makes any representation or warranty regarding whether any specific proposed structure, improvement or other non-agricultural use will be permitted under an applicable wind agreement.

Questions concerning a proposed use of an affected property, including the construction of a residence, building or other improvement, should be directed to Constellation prior to bidding. Auction Company will provide prospective bidders with the appropriate Constellation contact information upon request.

Bid Increments, Tract 1:
Up to $2,000 per acre, Increment will be $500
Up to $3,000 per acre, Increment will be $250
Up to $4,000 per acre, Increment will be $100
Up to $8,000 per acre, Increment will be $50
Up to $10,000 per acre, Increment will be $25
Up to $99,000 per acre, Increment will be  $10

Bid Increments Tracts 5 - 9.
Up to $2,000 per acre, Increment will be $500
Up to $3,000 per acre, Increment will be $250
Up to $4,000 per acre, Increment will be $100
Up to $6,000 per acre, Increment will be $50
Up to $8,000 per acre, Increment will be $25
Up to $99,000 per acre, Increment will be  $10

Acres will be rounded up or down to the nearest whole dollar amount.

You'll be bidding on:
Tract 1 - 63+/- Acres
Tract 5 - 119+/- Acres
Tract 6 - 165+/- Acres
Tract 7 - 207+/- Acres
Tract 8 - 164+/- Acres
Tract 9 - 69+/- Acres

Online Bidding Only:

Bidding Opens:
Tracts 5 - 9, October 23, 2026, 10:00 am
Tract 1, October 23, 2026, 1:00 pm

Bidding will begin ending for Tracts 5, 6, 7, 8, 9 at 10:00 am October 30, 2026.

Bidding will end with a soft closing, meaning that a bid in the final minutes on any tract will extend bidding by approximately 3 minutes on all tracts, 5 through 9. The auction will remain open and all tracts will extent simultaneously as long as there is active bidding.

Bidding will begin ending for Tract 1 at 1:00 pm October 30, 2026.
Bidding will end with a soft closing, meaning that a bid in the final minutes will extend bidding by approximately 3 minutes. The auction will remain open and continue to extend as long as there is active bidding.

 

Closing at the Title Company will be December 15, 2026

If a tract has growing crops, the buyer shall honor the tenants’ rights to access and harvest the growing crops and agrees not to damage the growing crops. Seller to retain all 2026 cash rent and tenant to retain 2026 crop income.

There are no farming leases or hunting leases that extend beyond 2026, meaning a new owner can farm it themselves in 2027.

Full possession of all tracts to be 1/1/2027 after expiration of the row crop leases and pasture leases that are applicable to each tract, buyer to honor tenants’ rights.

Tenant shall have until December 31, 2026 to remove grain stored in the bins and all income associated with the stored grain belongs to the tenant. Buyer shall not damage, move or otherwise limit access to the stored grain. 

The seller and or any lessees reserve the right to remove any personal property prior to closing. Any personal property items remaining on the property at the time of closing will become the property of the winning bidder, with the exception of tenant owned equipment.

The houses on tracts 8 and 9 will not be available for viewing and are sold as is. 

The shed on tract 6 will not be available for viewing. Please refer to auction companies marketing images of the interior of the shed. 

There is no bidder premium. No commission charged to the buyer.

Farm will be sold based on its legal description, no survey will be provided, and acres are not guaranteed.  

Bidders will be required to register and sign terms/conditions before bidding on the auction.

Bidders are required to register 24 hours prior to the bid closing date. Late registrations may not be approved for bidding.

The successful high bidder, upon completion of the Real Estate Auction, must complete and sign a purchase agreement, and any seller disclosures provided by the seller.

Winning bidder(s) must render (within 10 days), 10% of the purchase price (earnest money) as a non-refundable deposit in the form of a personal check, business check, certified funds or wire payable to Closing Company. Balance is due at final closing.

Premier Land & Auction Group, Real Broker, LLC must receive a signed copy of the contract (hand delivered, faxed, scanned and emailed, or electronically signed) within 24-hours after the buyer has been notified that the sellers have accepted his or her bid. 

The farm is offered with a minimum reserve. The sellers shall have the right to accept or reject any and all bids. Once accepted, this agreement shall be binding on the parties and their successors and assigns.

This agreement is NOT subject to financing, inspections, or other contingencies or delays to the closing for such a reason. Out of area personal checks must be with the approval of the Auction Company personnel.

Anyone not known by the Auction Company or sellers may be required to show proof of Bank Letter of Credit.

Sales are non-contingent; failure to close will result in forfeiture of the earnest money. 

Buyer must secure their own necessary financing approval prior to the auction.

Sale is subject to owner confirmation and reserves the right to accept or reject any and/or all bids. 

The property is sold “As Is, Where Is” and no warranty or representation, either expressed or implied concerning the property is made by the seller or Auction Company. Please inspect the property before bidding. 

Sellers and/or the Auction Company do not guarantee acres. Taxes will be pro-rated to the day of closing. Guaranteed Marketable Property Title to prospective buyer. Seller shall provide an Owner’s Policy of Title Insurance in the amount of the purchase price and shall execute a proper deed conveying the real estate to the buyer.  

New Owners will be granted full possession of the property at time of closing subject to existing leases as prescribed by Missouri Law.

Premier Land & Auction Group, Real Broker, LLC are exclusive agents of the seller.

Sale shall include all mineral rights owned by the seller if any.

Property is sold based on the legal description.

All information contained in this advertisement and all related advertising materials are subject to the terms and conditions outlined in the purchase agreement.

Under no circumstances shall Bidder have any kind of claim against Premier Land & Auction Group, Real Broker, LLC, the Sellers, or any party if the Internet service fails to work correctly before or during the auction.

The information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed.

All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction.

There are no expressed or implied warranties pertaining to this property. Both real estate (including all improvements, if any) is being sold As Is, Where Is with NO warranties expressed or implied.

Please make all inspections and have financing arranged prior to the end of bidding.

By accepting these terms and conditions you acknowledge and allow Premier Land & Auction Group, Real Broker, LLC and its affiliates to communicate with you via text, call, email, etc. 

BUYER AGENT REPRESENTATION:

Buyer broker/agents are welcome to assist and represent their clients; however, the seller has elected to not compensate a buyer agent.

All purchase agreements will be prepared by the auction company in accordance with the terms of the sale.

Buyer broker/agents that register to bid on behalf of their client must notify the auction company 24 hours in advance of the auction end date and time, and provide the name and qualifications of the client they are representing. 

Buyer broker/agent certifies he or she has personally shown and/or represented the subject property to the prospective buyer.

Buyer broker/agent is representing the prospective buyer’s interests as a “Buyer’s Agent” and is not an agent or sub agent of either the Seller or Auctioneers/Selling Broker.

Buyer broker/agent is not authorized to make any representations regarding the property on behalf of either the Seller or Auctioneers/Selling Broker.

 

Buyer broker/agent is not buying on his/her own behalf, or on the behalf of any business entity in which he/she owns an interest.

Buyer broker/agent and Buyer have reviewed and agree to the terms and conditions. Agent certifies they have provided copies of the terms and conditions to their client.

Upon commencement of the Auction, and in the event the potential buyer becomes the successful bidder, the bidder shall immediately enter into a formal contract to purchase and submit the required earnest money deposit.

No verbal registrations are accepted.

Buyer’s Agent will assist their client in the closing process.