| Description |
Buyers Premium
All Property offered at the auction is subject to a Buyer's Premium in an amount equal to 15% (Fifteen percent) of the Hammer Price, which will be paid by the buyer to the auctioneer for the auctioneer's own account. The Buyer's Premium is earned by the auctioneer with the fall of the hammer and is non-refundable. The Buyer's Premium will be added to the Hammer Price to determine the final contract price for tax purposes.
Online Auction
Online Bidder Account - Anyone desiring to bid online, or to establish the possibility of bidding online, will be required to create an online bidding account by completing all necessary forms and providing the required information.
Posted Times - All times are based on the local time zone at the auction site unless stated otherwise. Posted closing times and time displays are approximate. The auctioneer reserves the right to close early or extend the Auction at Auctioneer's sole and absolute discretion.
Online auctions use a "Dynamic" ending process. If a bid is received in the last few minutes before the scheduled closing of an item, the timer on that item will extend and will continue to extend each time a bid is received. Once the bidding stops and the timer runs out, that item will be eligible to close. In some cases, items are "linked", keeping one item open for bidding when a different item in the auction has been extended due to active bidding.
It is the Bidder's responsibility to determine the condition, age, genuineness, value, or any other determinative factor of all items. The auctioneer may attempt to describe the merchandise in advertising, on the internet, and at the auction but makes no representations. In no event shall the Auctioneer be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. The auctioneer does not guarantee any appraisals, gradings, or certifications. If you have any questions about the merchandise, ASK YOUR QUESTION BEFORE PLACING BIDS. Bidders shall be the sole judges of value. It is Bidder's responsibility to determine if any item is legal where they live.
By placing a bid, Bidder acknowledges that they have inspected the items to their satisfaction or chooses to not examine them at their sole risk. Even though an item may display as "sold" on the internet, no sales are final until they are certified by the Auctioneer and the bidder receives an invoice. The auctioneer reserves the right to cancel any or all sales and resell the items in whatever manner he or she chooses.
Neither the Auctioneer nor the Seller shall be responsible for any failure of any electronic or internet systems to accept or register a bid or that the Online Auction Platform or any related website or technology will be uninterrupted, error-free, or virus free. Registered bidders must create a password that prevents others from using their account. Bidders are responsible for ALL bids placed under their name and password. This is a Public Auction and as such, all qualified bidders may bid.
Responsibility for Online Bids
YOU are responsible for all bids transmitted from YOUR computer or device, or from YOUR bidder account. If a winning bid is sent from YOUR computer or device, or from YOUR bidder account, YOU will be the Buyer.
Bid Increments
Bid increments are established and controlled by Auctioneer and may be adjusted or modified in Auctioneer's sole and absolute discretion.
Withdrawal of Property by Auctioneer
Unless specific Property is, in express written terms, put up at Absolute Auction, the Auctioneer has the right to withdraw any property from the Auction prior to the "Fall of the Hammer".
|