With this letter template, you are actually informing about the candidate who will be representing you for taking responsibility of bidding on the property. You are actually asking for permission from the concerned person who will be the buyer and pay the price.
The bidder will be taking the responsibility to receive the payment from the buyer. You must provide the identification details of the bidder. This is how you can explain the contract of sale in an official manner.
Template: 1
Bidding Authorization Letter
[Your Name]
[Your Address]
[Your contact information]
[Date]
[Recipient Name]
[Recipient Address]
[Recipient contact information]
Re: Letter of Authorization for Bidding
Dear [Recipient Name],
This letter serves to confirm that the person named below is authorized to bid on our behalf at the Auction of the above properly. You are hereby authorized to take offers, from the person named below.
Should our representative be successful they are authorized to immediately pay the deposit of [percentage] of the purchase price, complete the contract of sale with the following buyer’s details and sign the contract of sale on our behalf.
Party Authorized to bid:
Name: [ Name of Authorized party]
Address: [Address]
Identification: [ID proof]
Signature: [Signature of Authorized party]
Buyer’s Details:
Name: [Name of Buyer’s]
Address: [Address]
Identification : [ID proof]
Signature : [Signature of Buyer]
Solicitor Details:
Name: [Name of Solicitor]
Address: [Address]
Identification: [ID proof]
Signature: [Signature of Solicitor]
We acknowledge having received a copy of the contract of sale and standard conditions of sale by public auction.
If you have any questions or concerns, please feel free to contact me at [contact no] or drop a line at [your mail id].
Sincerely,
[Handwritten signature]
[Date]
[Notary or witness if required]
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