Auction Terms & Conditions 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. Auction Company is not responsible for lease negotations on behalf of winning bidder. All property is being sold as is, where as, with all faults and without any contingencies to secure a commercial lease on behalf of winning bidder.
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) 383-8313.
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 date and time specificed in Terms of Sale. Nothing can be removed from the premises before payment of invoice balance is PAID IN FULL.
8- Checkout/Removal Times:
Any purchases not removed by the date and time indicated in terms of sale 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 truckers or third party shippers in advance.
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 will be banned from future auctions.
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- Any and all announcements made by the Auctioneer will take precedence over any previously printed or verbal statements, brochures, newspaper ads, etc.
13- 18% Buyer's Premium will be added to all purchases.
14- Nothing leaves the Auction premises without payment in full.
15- We reserve the right to pause, cancel and/or reopen the auction in the case of system failures.
16- We reserve the right to implement a Soft Close option. If there is a bid in the last 3 minutes of bidding on that lot, the lot can be extended by another 3 minutes. This gives other interested bidders time to raise their bid before the lot closes. The Soft Close option is typically used for Internet-Only auctions.
17- PAYMENT OPTIONS
Final Payment must be made by in person at the address stated on your invoice.
We will accept the following forms of Payment:
- Cashier's Check - made payable to METRO AUCTIONS LLC
- Wire Transfers
Seller User Terms
Bidder User Terms