IDENTIFICATION - All purchasers are required to give full name and addresses at time of registration.
TIME OF PAYMENT - All invoices must be paid in full within 24 (twenty-four) hours after the sales conclusion. Buyer agrees, when registering that buyer will pay in full amount of items that they are winning bidder of. Any other arrangements must be made with Auctioneer prior to bidding. If not, the merchandise will be deemed abandoned and Buyer will lose any right, title or interest Buyer may have acquired and the merchandise shall revert and repossess to Auctioneer without further notice to Buyer and the transaction shall be null and void as to Buyer.
REMOVAL - All purchases must be removed not later than the date specified in the Auction Catalogue, the Equipment Removal section on our website and/or announced at the sale time. No lot can, on any account, be removed during the sale. All goods are sold "Where Is". Removal shall be at the expense, risk and liability of the Buyer. Purchases will be delivered only on presentation of paid bill. Auctioneer shall not be responsible for goods not removed within the time allowed, but shall have the option to remove and store at the expense and risk of the Buyer any article purchased, but not paid for and removed within the time aforesaid. Buyers are responsible for removal of purchased items. THERE WILL BE A 100.00$ PER DAY CHARGE ON ITEMS NOT REMOVED BY SPECIFIED REMOVAL TIME
MANNER OF PAYMENT - All payments must be made by credit card or wire transfer. The full purchase price on all lots sold to the same Buyer must be paid within the time fixed and before removal of any goods. We will accept checks from buyers locally known to us. There will be a $ 35.00 (thirty-five dollar) bank fee for wire transfers added to invoice.
CONDITION OF ARTICLES SOLD - The Auctioneer shall not be responsible for the correct description, genuineness, authenticity of, or defect in any lot, and makes no warranty in connection therewith. No sale will be set aside nor allowance made on account of any incorrectness, error in commentary, cataloguing, or any imperfection not noted. No deduction allowed on damaged articles, all goods being exposed for public exhibition are purchased and accepted by Buyer "AS IS", "WHERE IS" and "WITH ALL FAULTS". Auctioneer makes no warranties or guarantees whatsoever whether written, oral or implied as to quality, quantity, condition, usability , salability, weight, measurement, year, model, model, mechanical condition, performance or other specifications and without recourse. Bidders should do their own Due Diligence
CLAIMS - No Claims will be allowed after removal of goods from premises.
RESPONSIBILITY FOR NON-DELIVERY - Auctioneer shall not, in any event, be liable for non-delivery or for any other matter or thing, to any Buyer of any lot, other than for the return to the Buyer of the deposit or sum paid on said lot, should the Buyer be entitled thereto.
COMPLIANCE WITH TERMS OF SALE - In default of payment of bills in full within the time therein specified, the Auctioneer in addition to all other remedies allowed by law, may retain all monies received as deposit or otherwise, as liquidated damages. Lots not paid for and removed within the time allowed herein may be resold at public or private sale without further notice, and any deficiency, together with all expenses and charges of re-sale, will be charged to the defaulting purchaser.
RISK TO PERSON AND PROPERTY - Persons attending during exhibition, sale or removal of goods assume all risks of damage of or loss to person and property and specifically release the Auctioneer from liability therefor. Neither the Auctioneer nor his principal shall be liable by reason of any defect in or condition of the premises on which the sale is held.
ADDITION TO OR WITHDRAWAL FROM SALE - The Auctioneer reserves the right to alter the order of the sale, withdrawal from the sale any of the property listed or to sell at this sale property not listed, and also reserves the right to group one or more lots into one or more selling lots or to subdivide into two or more selling lots. Whenever the best interest of the Seller will be served, the Auctioneer reserves the right to sell property listed, in bulk.
SALE BY ESTIMATED WEIGHT, COUNT OR MEASURE - Where items are sold by estimated weight, count or measure, the Buyer will be billed for and required to pay for the estimated weight, count or measure. If, upon delivery, any shortage exists, the Buyer will receive a refund at the rate of the purchase. If there be an excess, the Buyer will be required to take and pay for such excess, at the rate of the purchase.
DISPUTE BETWEEN BIDDERS/BID INCREMENTS - If any dispute arises between two or more bidders, the Auctioneer may decide the same or put the lot up for sale again at once, or resell to the highest bidder. Auctioneer may reject a nominal or fractional bid advance if, in his estimation, it proves injurious to the sale. The Auctioneer's decision shall be final and absolute.
RESERVE - The Auctioneer reserves the right to reject any and all bids. On lots upon which there is a reserve, the Auctioneer shall have the right to bid on behalf of the Seller.
RECORDS - The record of sale kept by the Auctioneer and bookkeeper will be taken as final in the event of any dispute.
AGENCY - The Auctioneer is acting as agent only and is not responsible for the acts of its principals.
BUYER'S PREMIUM - The Auctioneer in its sole discretion may impose a 15 % (fifteen percent) Buyer's Premium for internet bidders, on any goods sold. The Buyer's Premium is a percentage that is added to the final purchase price of any item. There is a 3% (three percent) convenience fee for credit card users added to invoice.
THERE WILL BE A 100.00$ PER DAY CHARGE ON ITEMS NOT REMOVED BY SPECIFIED REMOVAL TIME .
SHIPPING - All coolants, oil and fluids must be drained from all machinery and equipment prior to removal. All of the above must be shipped in compliance with state and federal regulations.
INSURANCE - All Buyers, or the Buyer's riggers must provide the auctioneer, Owner and Landlord a certificate of insurance in amounts acceptable to the above parties prior to removal of any machinery and equipment.
ADDITIONAL TERMS AND CONDITIONS - The Auctioneer may modify or supplement these terms and conditions of sale by language in the catalog available at the sale site, via our website or by announcement at the start of the sale.
SALES TAX - All sales are subject to state and local taxes, unless a proper exemption certificate including tax exempt number is presented at the time of payment.
LOADING - Buyer is responsible for loading, if a Loader is necessary to load your equipment, buyer will be charged a loading fee.
Auction Terms & Conditions
REAL ESTATE TERMS & CONDITIONS REGISTRATION: In order to register for the auction you must submit a bank letter of guarantee, or a pre-approval letter from a finance company after you have registered online.
BUYERS PREMIUM: 3% will be added to the final bid price, to be included in the total purchase price. For example, if the property sells for $100,000.00, then the total sales price would be $103,000.00.
DEPOSIT: 10% down day of auction. Balance due at closing on or before 30 days. Guaranteed good title. For example if the property sells for a total sales price of $110,000.00 including buyer’s premium, then a deposit of $11,000.00 would be put down the day of the auction.
FINANCING: Purchasers to obtain their own financing. Purchase Agreements are not subject to financing or qualification. All bidders are encouraged to pre-qualify.
Closing Cost, etc.: Buyer has thirty (30) days from date of sale to close.. Buyer is responsible for closing cost
. DISCLAIMER: All property to be sold “as is, where is”, with any and all faults and no implied warranties by Seller or Auctioneer. Please feel free to have an inspector or contractor look at the property with you. All information and dimensions were derived from sources believed correct but are not guaranteed. Buyers shall rely on their own information, judgment, and inspection of the property and records, including, but not limited to, all documents recorded in the county or parish where the property is located. All announcements from the auction block will take precedence over any previously printed material or any other oral statements made. BUYERS DO YOUR OWN DUE DILIGENCE. Properties not sold absolute will be offered subject to seller’s confirmation within 2 business days. LA Lic#1108
Buyer is responsible for closing cost
TAXES: Taxes will be pro-rated.
Property sold in accordance with the Auctioneer's terms and conditions which are accessible from property’s page. It is your responsibility to read and accept the Auctioneer's terms and conditions prior to placing your bid. When you place a bid you are agreeing to be bound by the Auctioneer's & Auction Mobility’s terms and conditions. By placing a bid you are entering into a legally binding and enforceable contract. Please keep in mind that you are bidding against other internet bidders. The auctioneer, at their discretion, can approve or deny bidders. The auctioneer reserves the right to accept or deny bidders for any reason. Prior to approval the auctioneer may contact you to determine your credit worthiness. If the auctioneer approves your bid, the auctioneer will then process your bid in accordance with their terms and conditions.
The winning bid in an auction will be the highest bid that exceeds any reserve if one is actually in place. In the case of a tie bid in last few seconds of auction the clock will be reset for Five (5) additional minutes in the interest of fairness at the auctioneer.