Auction Terms & Conditions Auction Terms & Conditions Bidder Terms and Conditions - Destination Thrift LLC - Winchester, Virginia Auction Pickup: Friday September 25, 2020 - 10 am to 7 pm - Friday is the only day. These Bidder Terms and Conditions apply to online auctions conducted by Destination Thrift LLC (Seller), and constitute a legal, valid, binding, and enforceable contract between Seller and each Bidder. For the purposes of these Bidder Terms and Conditions, the term "You" refers to each Bidder (as defined below).
1. Bidder Terms and Conditions; Posted Terms; Announcements at the Time of the Auction; Agreement to Be Bound. The auction is conducted in accordance with these Bidder Terms and Conditions and all other terms and conditions posted on the Seller website(s) and on the websites of any Online Auction Platform Provider(s) used by Seller. The auction is subject to any announcements or corrections by Seller. By participating in the Auction in any way, you agree to be bound by, and to abide by, these Bidder Terms and Conditions.
2. Definitions. The following definitions apply to these Bidder Terms and Conditions:
"Auction" means an online auction sale conducted by Seller.
"Bidder" means any person or entity, and the agents or representatives of any such person or entity, that registers, and/or bids, and/or buys, and/or otherwise participates in the Auction (including, without being limited to, inspection and/or pick-up), regardless of whether such person or entity tenders a bid.
"Bidder Account" means the number or other identifier issued by Seller to a Bidder.
"Bidder Registration" means the information provided by a prospective Bidder, and the process of registering such prospective Bidder to bid at the Auction, including the prospective Bidder's agreement to be bound by these Bidder Terms and Conditions.
"Bidder Terms and Conditions" means these Bidder Terms and Conditions.
"Buyer" means the Winning Bidder on a Lot.
"Buyer's Premium" is an amount with respect to each Lot, calculated as a percentage of the final price, that is payable by the Buyer to Seller for its own account.
"Clock expiration" means the point, after bids have been received, at which Seller declares a Lot "sold" to the Bidder acknowledged by Seller as having made the Winning Bid.
"Contract Price" means an amount equal to the Winning Bid plus the Buyer's Premium.
"Delivery" means the transfer of possession a Lot or Lots to the Buyer. Unless otherwise stated in writing, Delivery of a Lot will occur where the Lot is physically located during the Auction or at such other address as indicated on the auction website. Delivery does not mean that Seller will move or relocate any Lot from its physical location during the auction, or as indicated on Seller's website, to any other location directed by the Buyer. Unless otherwise expressly agreed in writing, Seller will not move or relocate any Lot(s) on behalf of the Buyer.
"No Sale" occurs if a Lot is put up at the Auction but is not sold, and Seller passes on such Lot, withdraws the Lot, or declares a No Sale of the Lot.
"Online Auction Platform" means any hardware and/or software utilized to conduct the Auction online and to facilitate online bidding, including any associated, adjunct, and/or complementary websites, services, premiums, and promotions. Seller may utilize one or more Online Auction Platforms.
"Online Auction Platform Provider" means the provider of an Online Auction Platform and related services. Seller may utilize one or more Online Auction Platform Providers.
"Online Bidding Period" means any established period during which online bids may be tendered.
"Reserve" means that property put up at auction may be withdrawn by Seller and/or bids may be rejected by Seller prior to the Clock expiration.
"Reserve Price" means the minimum price that Seller is willing to accept for a Lot. If a Lot put up with Reserve is subject to a Reserve Price, the Lot will not be sold unless the Reserve Price is met or waived. It is not required for any Reserve Price to be disclosed.
"Winning Bid" means the highest bid received and accepted by the Seller.
"Winning Bidder" means the Bidder who is recognized by Seller as having made the Winning Bid.
3. Bidder Registration; Bidder Qualification. You must register to bid. Seller may establish such Bidder registration requirements and Bidder qualifications as Seller determines, in its discretion, to be reasonably necessary or appropriate. In order to register to bid, you must provide such information (including identifying information and qualifications) as requested by Seller. Seller may refuse to accept a Bidder Registration from any potential Bidder, may refuse to grant bidding privileges to any potential Bidder, and may revoke the Bidder registration or bidding privileges of any Bidder. By registering to bid, you represent to Seller that, if you are a natural person, you are at least eighteen (18) years of age and that you are otherwise legally able to enter into a contract. Each entity registering to bid represents that it has the power and authority to register, to bid, and to complete the purchase transaction if it is the Winning Bidder. You acknowledge and agree that you have read, understand, and agree to be bound by, these Bidder Terms and Conditions, any and all other terms and conditions posted on the Seller's website(s), and the terms and conditions posted on the websites of any Online Auction Platform Provider(s) used by Seller. Seller may, in its absolute discretion, receive bids from a person or entity that has not registered to bid, and/or who has not satisfied all requirements for Bidder Registration, and/or that has not previously been granted bidding privileges, and, by bidding, such person or entity will be bound by these Bidder Terms and Conditions, any and all other terms and conditions posted on the Seller's website(s), and the terms and conditions posted on the websites of any Online Auction Platform Provider(s) used by Seller. Bidder qualification provisions are intended for the benefit of Seller and create no rights or interests in any other persons, including competing Bidders. Seller may (but will not be required to) waive any Bidder qualifications, either globally or on a case by case basis.
4. Bids Received in the Commonwealth of Virginia. Notwithstanding your physical location or the physical location of any Lot(s), all bids and payments are received in the Commonwealth of Virginia.
5. Buyer's Premium. A Buyer's Premium, or Buyer's fee, will be charged on all Lots. The Buyer's Premium, which will be paid by the Buyer to Seller for its own account, will be calculated as a percentage of the Clock price for each Lot, and will be added to the Clock price to determine the final Contract Price. The Buyer's Premium will be eight percent (8%) of the Clock price for each Lot and is earned by and may be retained by Seller with the Clock expiration.
6. Access to Online Auction Platform; Premises; Reviews. You assume all risks associated with your access to the Auction, including the Online Auction Platform, the premises of Seller, and any other physical location associated with Seller or the Auction. Any person may be denied access to the Auction, the Online Auction Platform, and the premises of Seller or any other physical location associated with Seller or the Auction. Seller reserves the right to post truthful reviews of Bidders, including blocked Bidders, on social media and elsewhere.
7. No Bid Retraction. You may not retract a bid that has been acknowledged by Seller or that has been submitted online. You acknowledge and agree that Seller is acting in reliance on tendered bids in the conduct of the Auction, and that bid retraction is disruptive and interferes with the Auction, and that, as an inducement for Seller to accept your registration and to grant you bidding privileges, and for you to bid at the Auction, you agree not to withdraw or to attempt to withdraw any bid tendered by you.
8. Posted Times. All times are based on the Eastern Standard Time Zone ("EST"). Posted closing times and time displays are approximate. Seller reserves the right, in Seller's sole and absolute discretion, to close early or extend the Auction.
9. Handling of Online Bids; Maximum Bid Amounts. You may establish a maximum bid amount. Online Bids will ordinarily be initiated at an established opening bid amount or at the next bid increment, which amount may be less than your maximum bid amount. Online bids will automatically be executed competitively up to the Clock expiration (or other termination of the bidding). The receipt and execution of online bids will not create an agency relationship between Seller and you.
10. Bid Increments. Seller may establish bid increments, and may modify or change, bid increments.
11. Records. Absent clerical errors, the records of Seller will be final and conclusive for all purposes.
12. Technology Disruptions. Seller will not be responsible for technology disruptions, errors, or failures (including disruptions to bidding or the failure to execute, recognize, or record online bids), whether caused by (i) loss of connectivity, breakdown, disruption, or failure of the Online Auction Platform, (ii) errors in programming or set-up of the online Auction, (iii) breakdown, disruption, or failure of a Bidder's internet connection, computer, or system, or (iv) otherwise. Seller may, but will not be required to, continue, suspend, delay, extend, reschedule, close, re-set, or re-start the Auction because of disruptions caused by technology failures or errors, even after bidding has commenced.
13. Failures by Online Auction Platform Provider and its Affiliates or Contractors. Seller may use an Online Auction Platform Provider to facilitate the Auction. Under no circumstances will Seller be liable for any failure of the Online Auction Platform Provider to perform all or any of its obligations, or for the failure of any affiliates, employees, agents, representatives, or contractors of the Online Auction Platform Provider to perform their obligations.
14. Auto-Extend Feature. Any Online Bidding Period may include an auto-extend feature. This means that, if an online bid is entered within one (1) minutes of the scheduled closing of the established Online Bidding Period, the Online Bidding Period will automatically be extended for an additional one (1) minutes, and will continue to be so extended until there is a set period of time that lapses during which no advancing online bids are received, after which bidding will close.
15. Disclaimer Regarding Online Auction Platform(s). Seller makes no representations or warranties, and disclaims all representations and warranties, (i) that any Online Auction Platform(s) or any related website(s) or technology will be uninterrupted, error free or virus free, (ii) as to the results that may be obtained by using any Online Auction Platform(s) or any related website(s) or technology, or (iii) as to the accuracy, completeness, reliability, security, or current nature of any Online Auction Platform(s), or any related website(s) or technology. 18. Responsibility for Online Bids. You are responsible for all bids transmitted from your computer or from your bidder account. If a Winning Bid is sent from your computer or using your bidder account, you will be the Buyer on certification by Seller.
16. Winning Bidders Subject to Final Certification by Seller. The final determination of the Winning Bidder is subject to certification by Seller, and any email or electronic message (whether generated manually or automatically) is subject to such certification.
17. Winning Bid; Buyer. Pursuant to these Bidder Terms and Conditions, the Bidder making the Winning Bid for any Lot, will be the Buyer of the Lot on final certification by Seller.
18. All Property Sold "AS IS", "WHERE IS", and "WITH ALL FAULTS". ALL PROPERTY IS BEING OFFERED AND SOLD IN ITS "AS IS/WHERE IS" CONDITION AT THE TIME OF THE AUCTION, WITH ALL FAULTS, INCLUDING ANY HIDDEN DEFECTS OF ANY NATURE. SELLER MAKES NO REPRESENTATIONS, WARRANTIES, OR GUARANTEES WHATSOEVER, EXPRESS OR IMPLIED, REGARDING THE NATURE, VALUE, SOURCE, AUTHENTICITY, FITNESS, MERCHANTABILITY, AND/OR ANY OTHER ASPECT OR CHARACTERISTICS OF SUCH PROPERTY. NO STATEMENT ANYWHERE, WHETHER EXPRESS OR IMPLIED, INCLUDING VERBAL STATEMENTS MADE BY SELLER, WILL BE DEEMED A WARRANTY OR REPRESENTATION BY SELLER. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, THERE ARE NO WARRANTIES OF TITLE, NON-INFRINGEMENT, AUTHENTICITY, ORIGIN, MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE, ALL OF WHICH ARE EXPRESSLY DISCLAIMED. YOU ACKNOWLEDGE AND AGREE THAT YOU CANNOT RELY ON, AND YOU HAVE NOT RELIED ON, ANY REPRESENTATION, WARRANTY, OR GUARANTY MADE BY SELLER OR ANYONE ACTING AS AGENT OF SELLER, ORALLY OR IN WRITING, ABOUT ANY LOT. YOU ACKNOWLEDGE AND AGREE THAT YOU HAVE HAD A FULL AND FAIR OPPORTUNITY TO INSPECT ALL LOTS, AND THAT YOU ARE RELYING SOLELY ON, OR HAVE WAIVED, YOUR INSPECTION AND INVESTIGATION (i) IN DETERMINING WHETHER TO BID, (ii) IN DETERMINING THE AMOUNT OF YOUR BID(S), AND (iii) IN BIDDING. IT IS YOUR RESPONSIBILITY TO DETERMINE CONDITION, AGE, GENUINENESS, VALUE, OR ANY OTHER DETERMINATIVE FACTORS REGARDING ANY LOT ON WHICH YOU BID.
19. Bidder's Inspection; Adequacy of Description and Images. You are encouraged to inspect the Lot(s), or to have the Lot(s) inspected by your agent or representative before bidding. By bidding, you acknowledge and agree that you have had a full and fair opportunity to inspect the Lot(s), and that you are relying solely on your inspection and investigation, or that you have waived inspection and investigation, and that you have not relied on any statement, representation, warranty, or guaranty made by any Seller or anyone acting as agent or representative of a Seller (including Seller), and any photographs or other images of Lot(s) are adequate for your purposes.
20. Description of Property. Unless otherwise expressly stated in writing, any description of a Lot is based solely on visual impression, and is given solely for identification purposes, and does not create any warranty, expressed or implied, or representation by Seller.
21. Announcements. Announcements made, or posted, by Seller on the day of, or during, the Auction are binding and take precedence over any prior advertisements or listings.
22. Conduct of the Auction. Seller will regulate all matters relating to the conduct of the Auction and the decisions of Seller will be final and binding. Seller will have control over bidding, and Seller will resolve any and all disputes. Seller may, in Seller's sole and absolute discretion, reopen the bidding (but will not be required to) if (i) a bid was tendered prior to the Clock expiration but went unnoticed by Seller until called to Seller's attention after the Clock expiration or other termination of the bidding, or (ii) a technology disruption, failure, or error, caused a bid that was tendered, or attempted to be tendered, prior to the hammer from being received or recognized, or (iii) some other error or dispute occurs. Any contracts formed with the Clock expiration will be subject to the conditions set forth in this Section. If bidding is reopened, the High Bid recognized by Seller prior to the reopening of the bidding will be held, and may not be retracted, and, if no further bids are received, such bid will be the Winning Bid.
23. Contract of Sale for Personal Property. No additional or further writing will be required to evidence the existence of a contract of sale for any Lot sold at the Auction regardless of the Clock price, and these Bidder Terms and Conditions, together with the records of Seller identifying the Lot, the Clock price, and the Buyer, will be conclusive evidence as to the terms of the sale.
24. Payment. All Lots must be paid for in full at or before the pick-up date and time set forth in the specific Auction listing. Payment may be made in cash, or by credit card. Purchases will be delivered only after payment has cleared.
25. Title. If you are certified as the Winning Bidder on a Lot by Seller, you will be contractually obligated to pay the Contract Price for that Lot. However, title and ownership of the Lot will not pass from the Seller to you until payment is made and clears.
26. Delivery; Sales Tax. All Lots will be delivered to you at the physical location of such Lot(s) at the close of the Auction which will be at Seller's location in the Commonwealth of Virginia. Seller has no obligation to move or relocate any Lot(s) to your location or to a location designated by you. You may designate, appoint, and empower an agent to accept delivery of your purchases at the point of delivery, and to arrange for shipment of your property to a location designated by you. Unless an exemption applies, all purchases are subject to sales tax in the jurisdiction where delivery occurs as set forth in the specific Auction listing and these Bidder Terms and Conditions. Sales tax will be collected at the point of delivery as set forth in the specific Auction listing and these Bidder Terms and Conditions and will be remitted to the applicable taxing authorities. The foregoing notwithstanding, if another jurisdiction or taxing authority (including, without being limited to, the jurisdiction in which you reside, conduct business, or maintain the Lot(s) purchased by you) requires the collection and remittance of sales tax, use tax, or a similar tax, you will be responsible for payment of an amount equal to such tax. If it is determined that sales tax is collected and paid to the wrong taxing authority, you and Seller will cooperate in efforts to obtain a refund of such tax and its remittance to the proper taxing authority.
27. Pick-up and Removal; Shipping; Insurance. You are responsible for pick-up and removal of Lot(s) purchased by you. Pick-up location and removal dates and times will be as posted on Seller's website or otherwise announced by Seller. Unless otherwise agreed, you are solely responsible for the disassembly, rigging, removal, shipping, and transportation of each Lot purchased by you. Disassembly and removal must be done in a workmanlike manner, and you will indemnify and hold harmless both Seller against any and all damage caused by you or your employees, agents, representatives, or independent contractors in connection with the disassembly or removal of any Lot(s). Any and all damage, including, without being limited to damage to land or buildings, caused by you or by your employees, agents, representatives, or independent contractors, will be repaired by you, or at your expense, to the satisfaction of Seller.
28. Failure to Pick-up or Arrange for the Delivery; Abandoned Property; Storage. Any Lot(s) not removed within one (1) days after the Auction will be deemed abandoned to Seller, even if paid for, and you will give up all rights with respect to such Lot(s). Under any circumstances, you are responsible for the full Contract Price of all Lots on which you are the Winning Bidder.
29. All Sales Final. No refunds or returns.
30. No Credit Card Chargebacks. You agree that such you will not, under any circumstances, initiate a credit card chargeback with respect to any purchases at the Auction. You further agree that if, in violation of these Terms and Conditions, a credit card chargeback is initiated, these Bidder Terms and Conditions will be conclusive evidence of your agreement not to initiate a credit card chargeback; and you acknowledge and agree that on the presentation of these Bidder Terms and Conditions to the bank, credit card company, or other financial institution that issued the credit card on which charges were made, such bank, credit card company, or other financial institution will reverse or deny any credit card chargeback, and will re-credit all amounts to or for the account of Seller. If, in violation of these Bidder Terms and Conditions, you initiate a credit card chargeback, even if successful, you will remain liable for all purchases made at the Auction, and you will be responsible for all costs and expenses, including attorneys' fees, incurred by or on behalf of Seller in challenging the credit card chargeback and in collecting payment. Your agreement not to initiate a credit card chargeback is a condition to your registration as a Bidder, and for the privilege of bidding at the Auction, and is being made as an inducement for Seller to accept your registration and to permit you to bid at the Auction. Seller is relying on your agreement not to initiate a credit card chargeback in accepting your Bidder Registration and in permitting you to bid at the Auction.
31. Claims. Unless otherwise provided in writing, after a Lot has been picked-up or removed by you or on your behalf, no claims or returns will be allowed and there will be no adjustments or rescissions.
32. Third Parties and Subsequent Purchasers. Seller has no relationship with any third-parties or subsequent purchasers of Lot(s), and no third-party or subsequent purchaser may rely on any statements or descriptions made by Seller, nor will Seller have any liability to such persons or entities. You agree to indemnify Seller and to hold Seller harmless from and against all claims made by third-parties or subsequent purchasers of any Lot(s) purchased by you.
33. Buyer's Remedies; Bidders/Buyers Not Entitled to Incidental or Consequential Damages. To the extent that you may be entitled to any remedies in connection with the Auction, the sole and exclusive remedy available to you is a return, from Seller, of (i) the Clock price actually paid, and (ii) an amount equal to the Buyer's Premium. Under no circumstances will Seller be liable for incidental or consequential damages, including, without being limited to lost profits or reduced productivity. You, further, acknowledge and agree that you are not entitled to specific performance or other equitable relief.
34. Seller's Remedies. If you breach any obligations under these Terms and Conditions or under a contract with a Seller, such property may be re-sold and you will be responsible for any and all damages, including any deficiency or reduction in the Contract Price, along with incidental damages.
35. Waiver. Certain provisions of these Bidder Terms and Conditions are for the exclusive benefit of Seller. Such provisions (including, without being limited to, Bidder registration and qualification requirements, payment terms, removal and delivery terms, and inspection terms) do not create, and will not be deemed to create, any benefits or rights in favor of any other persons, including competing Bidders, and may not be enforced by any other persons. Either globally or on a case by case basis Seller may (but will not be required to) waive any provisions of these Bidder Terms and Conditions that are intended for the benefit of Seller.
36. Indemnification. You agree to indemnify Seller, and to hold Seller harmless, with respect to any damages claimed in connection with the Auction or purchases made at the Auction and with respect to any subsequent sale of Lots.
37. Email List; Agreement to Receive Email. You agree to be added to the email list maintained by Seller. Each email Seller sends will have an unsubscribe link at the bottom of the email. You agree not to report any email sent by or on behalf of Seller as spam.
38. Governing Law; Dispute Resolution. These Bidder Terms and Conditions will be governed by and construed in accordance with the laws of the Commonwealth of Virginia, including its statutes of limitations, but without regard to its rules governing conflict of laws. If a dispute arises, the parties will submit to mediation; and, if a resolution is not reached through mediation, to binding arbitration. For mediation, the mediator will be a neutral party, mutually agreed on by the parties, and located within thirty (30) miles of Winchester, Virginia. If the dispute is not settled within thirty (30) days after submission to mediation, it shall be submitted to binding arbitration with a single neutral arbitrator, mutually agreed on by the parties. Arbitration will be conducted within thirty (30) miles of Winchester, Virginia. The time allotted for arbitration proceedings will be limited to a period of sixty (60) days, commencing on the date that the matter is submitted to arbitration. The decision rendered by the arbitrator will be final and binding on all parties and will be non-appealable. All expenses incurred in connection with mediation and/or arbitration will be shared equally among all parties. Notwithstanding the foregoing, if the parties are unable to mutually agree to mediation or arbitration at a site within thirty (30) miles of Winchester, Virginia, the parties irrevocably agree to the exclusive jurisdiction of the courts located in Winchester, Virginia for the resolution of all disputes. If a dispute is submitted to civil litigation (other than mediation or arbitration), all expenses, including the reasonable attorney's fees of the prevailing party, will be fully and promptly paid by the losing party. YOU WAIVE THE RIGHT TO A JURY TRIAL.
Bidder User Terms
8% BP Credit/Debit or Cash Payment PICKUP DAY IS FRIDAY September 25, 2020 - 10AM TO 7PM. All Lots must be paid for in full at or before the pick-up date and time set forth in the specific Auction listing. Payment may be made in cash or by credit card. Buyer's Premium. A Buyer's Premium, or Buyer's fee, will be charged on all Lots. The Buyer's Premium, which will be paid by the Buyer to Seller for its own account, will be calculated as a percentage of the Clock price for each Lot, and will be added to the Clock price to determine the final Contract Price. The Buyer's Premium will be eight percent (8%) of the Clock price for each Lot and is earned by and retained by Seller with the Clock expiration.
Seller User Terms
Bidder User Terms