By registering for this auction you are agreeing to the following terms and conditions. This is a legal binding contract between you as the bidder and LM Treasure Trove.
1. Item condition: the bidder acknowledges all items are sold as-is and where-is. LM Treasure Trove makes no guarantee as to the condition or usability to the items up for auction. LM Treasure Trove will make its best effort to label items with accurate discriptions. As the bidder, you will not hold LM Treasure Trove responsible for any items that are broken, damaged, and/or defective.
2. Loading items: The buyer agrees to load purchased items. LM Treasure Trove and its staff members are not responsible for loading small and/or large items into vehicles or trailers. Please bring appropriate help upon pickup.
3. Picking up: The bidder agrees to pick up the items on time and pick up all items listed on their invoice within the timeframe given in the auction listing. Buyers can sign up for allotted pickup times after the auction has closed. Please be sure to review the pickup dates and times before bidding to ensure you are able to pick up your items. If you are unable to pickup your items during the given pickup dates and times, please contact the auction house as soon as possible to schedule a date and time for pickup. If auction items are not picked up, we will reach out to you via phone, text, and/or email to schedule a date and time. Abandoned auction items will be forfeited by the buyer 30 days after auction end if the auction house has not heard back from the buyer.
4. Payment: Bidder agrees to pay for the entire invoice in full. Once the auction ends, LM Treasure Trove will charge the card on file for all auction items won by the buyer. If payment fails, LM Treasure Trove will reach out to the buyer to confirm payment details. Buyer agrees to pay invoice in full Failure to pay for your entire invoice will result in the auction house taking legal action against the full invoice amount plus any other storage or removal fees, and buyers may be terminated from bidding in future auctions.
5. Buyers premium & Sales Tax: The bidder understands that each item up for auction will have a buyers premium of 15% added to the price of each item. When placing a bid please take the buyers premium into account and bid accordingly. Michigan 6% sales tax will be charged on each item due to Michigan law.
6. Text Messaging Services: LM Treasure Trove may send reminder text messages to bidders about auction information to the phone number registered. You are responsible for all carrier charges and data.
7. Info Changes: The bidder agrees to notify LM Treasure Trove know of any changes regarding contact information or credit card/payment information as soon as the bidder knows.
8. Bidding Errors / Software Malfunctions: In the event you have made an error bidding, the bidder must contact the auction houses immediately. Bidding errors cannot be fixed after the bidding has closed on those items. If you have made a bidding error on the last day of the auction, we may not be able to fix those issues as we may not see your request prior to the auction closing. In the event we cannot fix the issues on the last day of the auction, you will be responsible to pay your invoice amount. LM Treasure Trove will not assume any bid is an error. In the event there is a software malfunction, the bidder will not hold LM Treasure Trove accountable.
9. If the bidder has won an auction, LM Treasure Trove will notify the buyer via email of the auction items won after auction closes. In the event the bidder won an item at the auction and did not receive this email, contact the auction house at: (313) 418-7459
10. These terms and conditions can be changed at any time without notice. Please read the terms and conditions each time you register for one of our auctions.
11. Bidder is bidding on what is described. There may be items in the background, but those items are not included in the lot unless told otherwise.
12. Buyers agree to not conduct a credit card dispute in the event that LM Treasure Trove charges your card and you do not pick up your items. In the event that the buyer disputes a credit card transaction, buyer agrees to pay a $200.00 fee to cover the costs incurred to take legal action against buyer.
13. Buyer understands that unpaid invoices will result in negative feedback given through the AuctionFlex and HiBid platform.