www.beachcomberauction.com 260-437-1540 Terms & Conditions -Personal Property-Bidder Agreement Les Cheneaux Classic Boat Auction 8/11/2017 1. The auction shall be conducted at the Maritime Museum 1M HWY M-134 Cedarville, MI 49719 2. Registration begins at 8:30AM and Auction at 5:00 PM 3. To obtain a Bidder number the potential bidder will sign the Terms & Conditions indicating their complete understanding of such. Photo ID is REQUIRED 4. There will be a 8% Buyers Premium added to the final successful bid in order to arrive at the final purchase price. Example 100.00 bid plus the 8% BP = $108.00 final contract price. 5. Personal Property: 8% Buyers Premium plus a 3% fee for Master Card, Visa, Discover or Bank Debit Card. 3% fee waived for cash 6. The statute of Limitations for this contract for any claims between the Parties are to be one year from date of auction. 7. Representations of Seller: Seller represents and warrants that all Information he/she/it/ starts or delivers to Beachcomber is accurate, Complete and true in every way. Seller & bidder agrees to indemnify Beachcomber for any inaccurate statements or false statements it makes. Beachcomber takes no responsibility of the description or condition of Personal property and Bidder is immediately responsible at the fall of The gavel. 8. No Warranty: All sales are considered and advertised as "AS-IS condition with no warranty expressed or implied. Bidder waives any charge back rights on credit card or Debit Card purchases 9. Hold Harmless: Seller & bidder agree to hold Beachcomber Auction Inc, its Employees and affiliates harmless and understand that the Auctioneer is an Employee of Beachcomber. 10. Agent of the Seller: Beachcomber Auction, Inc. is expressly the agent of The seller. Bidder/Buyer agrees to assume all liability for payment of sales tax. 11. Possession: at fall of gavel upon full certified payment. 12. Hazardous Materials: Seller warrants and guarantees that the property being sold under this contact does not have any Hazardous Materials on or in it. Hazardous Materials are defined as any toxic Substance or Hazardous Materials or waste which is or becomes regulated By local Government Authority, State of Michigan or the United States Gov. Except for de minimis, Seller shall not cause or permit any Hazardous Material to be brought upon, kept or used in or about the craft being Sold under this contract by the Seller, agents, employees, contractors, or Invitees, without the prior written consent of Beachcomber Auction Group, Inc. 13. Merger Clause: This contract contains the entire terms & agreements of The parties to this contract. All prior oral statements, representations and Agreements are hereby superseded and nullified by this written contract. 14. Waiver of Jury: Seller/Bidder/Buyer and Beachcomber in any and all Litigation relating to or in connection with this contract in which they shall Be adverse parties waiving trial by jury. 15. Binding on Successors: It is mutually agreed that this agreement is binding And obligatory upon sellers/bidder/buyers, our separate heirs, Administrators, executors, assigns and successors 16. Place of Signing: Whether or not actually signed in Auburn, In, the parties Hereby irrevocably agree that this agreement will be deemed to be signed in Auburn, IN, at the General Offices of Beachcomber in Indiana. 17. Jurisdiction: The parties to this agreement agree to accept the exclusive & Sole jurisdiction and venue of the State of Indiana in the state courts of the County of DeKalb, for all claims, complaints, and lawsuits arising from and involving this agreement or this auction. The parties agree that they Specifically, and knowingly waive any right that they may have for their Claims or issues to be heard in Federal Court. Agreed to this ________ day of 2017 by _______________________ ________________________ ____________________ Beachcomber Auction, Group Inc. Bidder/Buyer Print name ________________________ _____________________ _______________________ Bidder/Buyer Print Name Bidder #