Auction Starts: 8:00 AM 1/23/2015 Auction Ends: 1:00 PM 1/29/2015 Nominal Opening Bid: $200,000. Auctioning the development rights to land in the Vistas on the Trail Condominiums. No title to property shall be conveyed, but only the right to develop the real estate. Vistas on the Trail features luxury single level suites inspired by European Manors. Community amenities include a clubhouse and pool. Located near Narragansett Bay, marinas, gym, cinema, gourmet markets, medical, restaurants & downtown Main Street. The Development Rights as defined in Section 9.01 of the Condominium Declaration for the Vistas on the Trail Condominium dated May 16, 2011 and recorded on May 16, 2011 in the Land Evidence Records of the Town of East Greenwich, State of Road Island in Book 1098 at Page 32, and further described in the plan entitled "Condominium Plan For Initial Phase, Vistas on the Trail Condominium, 1404 South County Trail, East Greenwich, Rhode Island, prepared by DiPrete Engineering and StudioAD, Ltd., recorded in the Land Evidence Records of the Town of East Greenwich, State of Rhode Island on May 16, 2011 as Plan No. 878. Note: A Buyer's Premium (Buyer's Fee in WI) will apply for this property. Please see Terms of Sale for details. Broker Licenses: RI Daniel S. Nelson RE LIC C17144