We advise all bidders to read the Terms and Conditions of the Sale before bidding with
United Country Mexico Advisors. Those who bid are bound by those Terms and Conditions of the Sale,as amended by any oral announcement or posted notices, which together form
the contract of the sale between the successful bidder (purchaser), United Country Mexico Advisors and the seller (consignor) of the lot.
Closing costs: Closing costs in Mexico are signifcantly higher than US and should be estimated at approximately $9,000 plus 2% transfer fee.
INSPECTION: The bidder is invited, urged and cautioned to inspect
the property prior to bidding. Property will be available for inspection at the places and times
specified. Persons in attendance during inspection, sale or removal of merchandise assume all risks
of damage or loss to persons, property, or merchandise and shall exercise proper precautions at all
times for the protection of persons and property and shall comply with all safety and health
requirements as directed by Auctioneer, and local, state and federal regulations. Auctioneer, its
agents, its employees and representatives shall not be liable by reason of any defect in or about the
condition of the premises on which the auction is held. Buyer specifically releases Auctioneer, its
agents and representatives from all liability thereof.
CONDITION & LOCATION OF PROPERTY: All property listed is offered for sale "AS
IS, WHERE IS, WHAT IS" unless otherwise provided. United Country Mexico Advisors nor the
consignor makes no warranty, expressed or implied as to kind, character, quality, or description of any of the property or its fitness for any use or purpose.
CONSIDERATION OF BIDS: United Country Mexico Advisors as a commissioned agent for the
consignor reserves the right to reject any or all bids including all bids under which a bidder would
take unfair advantage of the consignor or other bidders, to waive any technical defects in bids, and
unless otherwise specified by the consignor or by the bidder, to accept any one item or group of
items in the bid, as may be in the best interest of the consignor.
FORMS OF PAYMENTS: There are no cash payments. Acceptable forms of
payment are Wire Transfers. Wire instructions shall be e-mailed with notification of winning bid. The 2% Buyers premium to be wired within 5 days of notification received and closing costs and balance of funds to be wired upon request by title company.
PAYMENT: The purchaser agrees to pay for property awarded to him in accordance with the
prices quoted in his bid. Subject to any adjustment made pursuant to any provisions of this
contract, payment of the full purchase price must be made the day of the sale within the time
specified in the flyer or website. If an adjustment is made, requiring addition payment, such
payment must be made immediately upon notice of such an adjustment.
ALL SALES ARE FINAL: The condition of the merchandise being offered varies. Buyer
understands and agrees: (1) that any description or sample of the merchandise given or furnished
by Auctioneer is solely for identification, and does not create any warranty, express or implied,
that the merchandise actually conforms to such description or sample; (2) that all merchandise is
purchased and accepted by Buyer "AS IS-WHERE IS," 'IN PLACE" and "WITH ALL FAULTS,
KNOWN AND UNKNOWN." AUCTIONEER MAKES NO WARRANTIES OR
GUARANTEES WHATSOEVER WHETHER WRITTEN, ORAL OR IMPLIED AS TO
QUALITY, QUANTITY, CONDITION, LOCATION, USEABILITY, SALEABILITY,
WEIGHT, MEASUREMENT, YEAR, MODEL, MECHANICAL CONDITION,
PERFORMANCE, AND FITNESS FOR A PARTICULAR PURPOSE OR OTHER
SPECIFICATIONS. MANUFACTURERS WARRANTIES MAY BE IN EFFECT. NO SALE
SHALL BE INVALIDATED AND AUCTIONEER SHALL HAVE NO LIABILITY FOR A
MISDESCRIPTION OF ANY ARTICLE OR LOT WHETHER CONTAINED IN A
CATALOGUE, ADVERTISEMENT OR OTHERWISE. Descriptions have been prepared for
guide purposes only and shall not be relied upon by Buyer for accuracy or completeness. By
submitting a bid, Buyer/Bidder affirms it has inspected all items or has waived its right to do so
prior to bidding. Buyers shall be deemed to have relied entirely upon their own inspections and
investigations.
TITLE: Unless otherwise provided in the flyer, title to the property sold here under shall
vest in the purchaser as and when removal is effected.
ORAL STATEMENTS AND MODIFICATIONS: Any oral statement or representation by any
representative of United Country Mexico Advisors, changing or supplementing the flyer or catalog or any
condition thereof, is unauthorized and shall confer no right upon the bidder or purchaser. Further,
no interpretation of any provision of the contract, including applicable performance
requirements shall be binding on United Country Mexico Advisors unless furnished or agreed to,
in writing by the supervisor or his designated representative.
CLAIMS LIABILITY: The bidder or purchaser agrees to save United Country Mexico Advisors and Consignor harmless from any and all actions, claims, debates, demands, judgements,
liabilities, costs, and attorney's fees arising out of, claimed on account of, or in any manner
predicated upon loss of or damage to property and injuries, illness or disabilities to or
death of any and all persons whatsoever, including members of the general public, or
to the property of any legal or political entity including state, local or interstate bodies, in any
manner caused by or contributed by the bidder or purchaser, it agents, servants, employees,
or any person subject to its control while in, upon or about the sale site and/or the site on
which the property is located, or while the property is in the possession of or subject to the
control or the bidder or purchaser, its agent, servant or employees after the property has
been removed from Consignor's control.
RISKS: All risk loss shall pass to Buyer at the time of payment. If Auctioneer is unable
to deliver an article sold to Buyer due to fire, theft, or any other reasons whatsoever,
Auctioneer shall reimburse Buyer for all monies paid to Auctioneer in respect to the
article and Auctioneer shall have no further liability to the purchaser arising from or
relating to such loss, including without limitation any damages for loss of profits.
LIABILITY AMOUNT: In no event shall Auctioneer's liability to Buyer exceed the purchase
price actually paid. A Buyer's claim shall be limited to the amount paid for the merchandise,
and shall not extend to any obligation; risk; liability; right; claim; remedy for loss of use,
revenue or profit; liability of Buyer to any third party; personal injury; or any other direct,
indirect, incidental or consequential damages. Auctioneer is acting as an agent only and is
not responsible for the acts of its principles.
WITHDRAWAL OF PROPERTY AFTER REWARD: The Consignors reserves the right to
withdraw for its use any or all of the property covered by this contract, if a bona fide
requirement for the property develops or exists prior to actual removal of the
property from United Country Mexico dvisors control in the event of a withdrawal of this
condition, United Country Mexico Advisors shall be liable only for the refund of the contract price of the withdrawn property or such portion of the contract price as it may have received.
ELIGIBILITY OF BIDDERS: The bidder warrants that he is not: (a) under 18 years of age; (b) an
employee of the consignor where the consignor prohibits the employee from bidding. For breach
of this warranty, the consignor shall have the right to annul this contract without
liability.
REQUIREMENTS TO COMPLY WITH APPLICABLE LAWS AND REGULATIONS: It is the
bidder's responsibility to ascertain and comply with all applicable federal, state, local and multi-
judiciary laws, ordinances, and regulations pertaining to the registration, licensing, handling,
possession, transportation, transfer, export, processing, manufacture, sale, use, or disposal of
property listed in the invitation. Purchasers or users of this property are not excused from any
violation of such laws or regulations either because the United States is the party to this sale
or has had any interest in the property at any time.
IMAGE, AUDIO & VIDEO RECORDINGS: United Country Mexico Advisors shall have the right to make image and audio video recordings of the auction, to use said
recordings at its own discretion,and if deemed appropriate to make this public. Participants
give their permission by participatingin the auction.
SALES TAX: Buyers will be charged all applicable taxes unless SATISFACTORY PROOF OF
EXEMPTION is provided to Auctioneer prior to payment. If satisfactory proof is not provided,
Buyer will pay all applicable taxes to Auctioneer. No taxes will be refunded once the tax has been
collected. Proof of exemption, subject to approval by Auctioneer, includes VALID RESALE
CERTIFICATES, EXEMPTION CERTIFICATES, VALID CRS only, and any other documents
as governed by applicable local, state, and federal laws deemed acceptable at Auctioneer's sole
discretion. Taxes are calculated AFTER the buyer's premium.
LOTTING / GROUPING: The auctioneer reserves the right to group one or more item(s) into one
or more selling lots, and to add to and/or delete lots and/or offer any selling lots as operating units
prior to offering them individually, by the piece, at auctioneer's sole discretion. The auctioneer
reserves the right to reject any bid which is only a fractional advance over the preceding bid.
. If any provision of these Terms and Conditions shall be held invalid,
illegal, unenforceable or inoperative, the balance of Terms and Conditions shall remain
in full force and affect as if such provisions had not been included. These Terms
and Conditions with any amendments or modifications expressly made by Auctioneer
at the time of the auction constitute all the terms and conditions with respect to the sale
of articles at this auction. There are no representations, warranties, terms, conditions, undertakings or collateral agreements except as herein provided.
ACKNOWLEDGE: All Buyers acknowledge and accept by their bid at auction the Terms
and Conditions of Sale posted on the website and available at the auction site.
ANNOUNCEMENTS: All announcements made sale day take precedence over previously
distributed information. Any announcements made on the day of the auction take precedence over catalogue or other previously announced or documented information, but do not alter in any way the basic terms and conditions of sale. United Country Mexico Advisors reserves the right to correct any mistakes or typographical errors made by itself or on its behalf in any of its announcements or documents.
BUYER'S PREMIUM: A premium of 1% to 2% of the bid price will be added to the price of
each item purchased. The buyer's premium for each sale will be announced at the time of the
auction. Taxes are calculated AFTER the buyer's premium. The Buyer's Premium percentage
will be posted on the website.
REMEDIES: If any applicable conditions are not complied with by Buyer, then, in addition to any
other remedies available to Auctioneer, including and without limitation, the right to hold Buyer
liable for the total purchase price, Auctioneer may, at its option, (a) cancel the sale, retaining all
payments made by Buyer, including any deposit made, as liquidated damages and/or (b) resell the
merchandise at public auction in which event Buyer will be liable for the cost of removing and
reselling the abandoned merchandise, for any deficiency between Buyer's original purchase price
and subsequent resale price, Auctioneer's commission, interest rates (a minimum of 1.5% per
month or 18% per annum), legal fees, moving and storage (a minimum of $ 2.00 square foot per
month) and all other expenses related to the disposal or reselling of the abandoned property. In
addition, Auctioneer may retain any merchandise purchased at auction by a defaulting Buyer as
collateral security for Buyer's obligations to Auctioneer.
JURISDICTION & VENUE, CHOICE OF LAW: This sales transaction shall be governed by and
construed in accordance with the local laws of the city of Puerto Penasco, State of Sonora, Mexico. Auction is conducted in Puerto Penasco, Mexico.