Auction Terms & Conditions TERMS & CONDITIONS - ONLINE BIDDING
1- Thank you for participating in this Timed Online Auction.
2- All bidders must pre-register to bid on hibid.com. You must agree to all auction terms and conditions before you are approved to bid.
3- All property is being sold and delivered "AS IS" "WHERE IS", "WITH ALL FAULTS", without any representations, covenants, guarantees or warranties of any kind or nature whatsoever, and free and clear of all monetary liens, claims and encumbrances of whatever kind or nature, such liens, claims, interests and encumbrances, if any, to attach to the proceeds of Sale in such order and priority as they existed immediately prior to the Sale Date, and subject to, among other things, any state of facts a physical inspection may show. By Registering to Bid, All bidders acknowledge that they have had the opportunity to review and inspect the Assets, the state of title thereof and laws, rules and regulations applicable thereto, and will rely solely thereon and on their own independent investigations and inspections of the Assets in making their bids. All bidders acknowledge that they have conducted their own due diligence in connection with the Assets, and are not relying on any information provided by the Trustee, Auctioneer, or the Trustee's retained professionals.
4- All persons attending, inspecting or removing merchandise assume all risks or damage or loss to persons or property. The Auctioneer, Seller, Landlord, Trustee and/or Agent shall be released from all liability. The auctioneer shall not be liable for any defect in condition of the merchandise on the premises of which the sale is held.
5- All bidders are encouraged to inspect assets being sold during the preview time:
- Previews are BY APPOINTMENT ONLY by calling (914) 758-8898.
6- PAYMENT: Cash, Wire Transfer or Cashier's Check only - made payable to Metro Auctions LLC. No personal or company checks will be accepted. Applicable Sales Tax will be added to all purchases, unless the purchaser has a valid resale certificate and is purchasing for resale or export with proper documentation.
7- Full payment required by Thursday, October 29th. Nothing can be removed from the premises before payment of invoice balance is PAID IN FULL.
8- Checkout/Removal Times:
Thursday, October 29th from 9:00 AM - 4:00 PM
Friday, October 30th from 9:00 AM - 4:00 PM
Final removal required by Friday, October 30th from 9:00 AM - 4:00 PM
NO EXCEPTIONS. Any purchases not removed by this date and time will be abandoned. Total responsibility for removal of purchases is that of the Purchaser, financially and physically. The Auctioneer cannot be responsible or liable for any moving, on or off-site. Purchasers must supply their own equipment, boxes and labor as applicable for removal. Please contact a local shipping company (i.e. The UPS Store, etc.) for shipping. METRO AUCTIONS LLC WILL NOT HANDLE SHIPPING, PACKING OR MOVING OF ANY PURCHASES. Please make arrangements with third party shippers in advance, if applicable.
9- The Auctioneer reserves the right to group, break or withdraw lots. The Auctioneer shall have absolute discretion in case of a disputed lot.
10- Any person who bids in bad faith may be restricted from bidding.
11- All items are sold by the piece times the bid price. Buyer must take entire lot and pay for overages or be reimbursed for shortages, if applicable. No claims or shortages of any nature will be recognized after removal.
12- The purchaser agrees to pay all bills, invoices and/or debts owing to Metro Auctions LLC in accordance with the agreed upon terms of sale. In the event such bills, invoices and/or debts are not paid when due, they will accrue late charges at the rate of 18% per year or the maximum interest allowed by law. Purchaser also agrees to reimburse Metro Auctions LLC and/or Seller for any Attorney's fees, costs and/or collection fees Metro Auctions LLC may incur in its effort to collect any past due amounts or enforce any agreed upon terms of sale. Venue for any litigation is agreed to be in. The Auctioneer and/or Seller reserve the right, in addition to other remedies, including without limitation to enforce any or all of the following at its sole discretion:
a) Hold the Purchaser liable for the bid price, plus buyer's premium and costs, including attorney's fees.
b) Cancel the specific sale, retaining any and all payments made by the Purchaser as liquidated damages.
c) Resell the property, without notice, at public or private sale. In such event, the original Purchaser shall be liable for any deficiency, sale costs, commission, storage and any extra expenses, including attorney's fees.
d) Seek specific performance and hold the bidder liable for all costs associated, including attorney's fees.
13- Any and all announcements made by the Auctioneer will take precedence over any previously printed or verbal statements, brochures, newspaper ads, etc.
14- 18% Buyer's Premium will be added to all purchases.
15- Nothing leaves the Auction premises without payment in full.
16- We reserve the right to pause, cancel and/or reopen the auction in the case of system failures.
Final Payment must be made by in person at auction site address:
1879 NY-112 Store 5, Coram, NY 11727
We will accept the following forms of Payment:
- Cashier's Check - made payable to METRO AUCTIONS LLC - with reference of bidder number
- Wire Transfers - with reference of bidder number
Wiring instructions available upon request
Seller User Terms
Bidder User Terms