AUCTIONS Cornlea Iron reserves the right to cancel and/or reopen the auction in the case of system failures including, but not limited to, electrical outage, inclement weather, computer failure and internet failure.
BIDDING By bidding you are agreeing to all of the terms posted for this auction. All bidders must be in good standings with Cornlea Iron Auctions. Cornlea Iron Auctions reserves the right to refuse a bid at our sole discretion and remove bidder without notice for not complying with the terms and conditions. By placing a bid, bidder indicates that they have examined the items to their satisfaction, or that they have chosen not to personally inspect them. Bidders agree to never bid on their own items nor will they bid on behalf of any other seller at all. Any bidder participating in such activity will be banned from future auctions without notification. All Sales are final. No returns or chargebacks accepted. Cornlea Iron Auctions reserves the right to reject any bid and/or bidder at our sole discretion.
BUYER'S PREMIUMS Cornlea Iron Auctions does not charge a buyer's premium.
RESERVES: All items with a Reserve Price will be indicated as such. Once reserve is met a notice will be made.
EQUIPMENT DESCRIPTION AND INSPECTION All items are offered and sold "AS IS, WHERE IS" with all faults. No warranty or guarantee expressed or implied. Descriptions are believed to be accurate but not warranted. Photos and descriptions are to be used as a guide only and may or may not display all good and bad of an item. Inspection of the items is highly encouraged. Inspection of the items is strongly encouraged. Seller and Equipment Specialist's contact information will be provided for each listing, please contact the seller or Equipment Specialist prior to making contact with the item. There will be no guarantees on any verbal or written descriptions from the Equipment Specialist, Seller or any Cornlea Iron Representative. All bidders are strongly encouraged to inspect property prior to bidding.
INVOICES AND PAYMENTS An invoice will be emailed to all winning bidders at the conclusion of the auction. Successful bidder is responsible for making payment within 7 calendar days of auction completion. All payments are to be made to Cornlea Iron Auctions in the form of cash, check accompanied by bank verification (for checks over $10,000) or wire transfer. Only a wire transfer will be accepted for international transactions. Payment instructions will be included on the invoice. If payment is not received or if the payment method fails the buyer will be prohibited from bidding on future auctions without notification. A paid invoice will be emailed to the buyer when payment and all applicable forms required have been received. Buyer must present a paid invoice to seller when taking full possession of item.
REMOVAL Successful bidders are responsible for loading and removal of any and all property awarded within 21 calendar days (three weeks) after the close of the auction. Buyer must present a paid invoice to the seller at the time of pick up. A storage fee of $25/day will be charged on any items not removed by the removal date. Items that are not picked up after 30 days will be sold at the seller's discretion on the next available auction with proceeds less storage and commission payable to buyer. Removal will be at the expense, liability and risk of the buyer.
SELLERS (A) Seller understands and agrees to the following terms and conditions for Reserved Sales: (i) By listing Seller's Equipment for a reserved sale on the CI Website, once listed the Equipment will be sold to the highest bidder only if the reserve price is met. (ii) Seller will be solely responsible for determining the reserve price they set for the sale of each item. (ii) A non-refundable deposit is required at the time of listing as described in the Online Auctions Sellers Listing Agreement. (iv)The Seller will not be allowed to change the reserve amount, unless the change is provided to CI in writing, or via the email address set forth in the listing contract, two (2) business days prior to the date bidding closes. The reserve may only be reduced. The reserve may only be reduced to a dollar amount that is greater than the then current high bid. A reduction will not be allowed to make a then current high bidder, who has not met the reserve, become a winning bidder without placing a subsequent bid. The reserve may not be increased. (v) If the item does not sell, a new agreement will be required in order to have the item relisted on a future sale. (vi) All items listed with a reserve will be indicated as such on CI's website. The reserve price will not be posted, however a notice will be given when the reserve has been met . (vii) Seller will not allow anyone (including Seller) to bid on the Equipment for Seller or on Seller's behalf or to artificially influence any bidding on the Equipment.
(B) Seller understands and agrees to the following terms and conditions for Unreserved Sales: (i) The CI auction is an absolute auction. No minimum bids, reserves or buybacks are permitted. (ii) By listing Seller's Equipment for an unreserved sale on the CI Website, Seller makes an irrevocable offer to sell the Equipment to the highest bidder. (iii) Once listed, the Equipment will be sold to the highest bidder regardless of price. (iv) Seller will not allow anyone (including Seller) to bid on the Equipment for Seller or on Seller's behalf or to artificially influence any bidding on the Equipment.
TAXES All applicable taxes will be applied to the purchase price of all non-titled items.
TITLES There will be a $20 title processing fee on all titled items. Titles will be mailed to the buyer no sooner than 14 calendar days after receipt of payment regardless of payment type. Cornlea Iron is not responsible for any lost titles.
QUESTIONS Buyers or Sellers with Questions may contact the office at 888-923-0511 or email manager@cornleairon.com.
Get Shipping Quotes