|CONDITIONS OF SALE|
IRS Form 8300 must be completed and filed for all customers who wish to pay more than $10,000 in cash. Cash is defined as all currency or a cashier's check, money order, bank draft or travelers check having a face amount of $10,000 or less.
TERMS AND CONDITIONS OF SALES
Conditions of sales apply whether read or not.
The auctioneer reserves the right to withdraw any item before or during the auction for any reason before final sales as indicated by the drop of the auctioneer's hammer or similar action by the auctioneer. On the fall of the auctioneer's hammer, title will pass to the highest bidder acknowledged by the auctioneer, subject to the fulfillment by such bidder of all the conditions set forth herein, and bidder assumes full risk and responsibility and will pay the full purchase price. Invoices are subject to audit for errors and bidder is responsible for paying any balance due therein. All goods are sold final sale and as is at the time of sale subject to all faults and defects whether or not any inspection is made by or on behalf of the purchaser. All lots are subject to a reserve and/or minimum bid. The consignor has the right to withdraw, divide, or consolidate any lot and refuse any bid.
All lots are paid for in full at the conclusion of the auction and any exceptions thereof are at the sole discretion of the auctioneer. In the event of a default in payment or otherwise, purchaser shall be responsible for all costs of collection including reasonable attorney fees. If the purchase price is not paid, or the items not removed from the place of auction, the auctioneer, at his sole an exclusive discretion, has the right to remove said items from the premises to another warehouse and/or to cancel the sale and/or seek any and all legal remedies against the purchaser including monetary damages for the purchase price. The auctioneer retains the right, upon the bidder refusing to accept the goods, to resell the goods at a reasonable price wherein the bidder will be liable for the difference between the resale price and the original price accepted by the bidder. Additionally, the bidder shall be liable for all costs of such subsequent sale including warehousing and auctioneer's commissions.
A 15% BUYER'S PREMIUM WILL BE ADDED TO EACH LOT PURCHASED.
THE SALES TAX WILL BE CHARGED ON THE TOTAL OF THE BID PRICE AND THE 15% BUYER'S PREMIUM.
The auctioneer disclaims all warranties, express or implied, including fitness for a particular purpose and merchantability as to any items purchased. The auctioneer specifically makes no warranty or representation as to the value of any particular item.
The terms of this warranty may only be varied in writing. No oral warranties or representations may modify this disclaimer. While in the course of the auction the auctioneer may make statements about the goods subject to auction, such statements do not constitute warranties, shall not relied upon the buyer, and are not part of these terms and conditions of sale.
Immediately upon the fall of the auctioneer's hammer the risk of loss of the items purchased by the bidder transfers to the bidder and as of that time is his or her sole risk and responsibility. After full payment, the purchaser agrees to remove the items purchased from the auction on the day of the auction and at his or her own expense.