Thank you for registering for this auction.
TERMS AND CONDITIONS OF AUCTION SALE
It is your responsibility to know exactly how this online auction works and to ensure that the items that you bid on will meet your needs. Ontario RealEstate Auction’s does not provide warranties, guarantees or exchange privileges. All items are sold on an "As-is Where-is" basis.
As a condition of registration, all prospective bidders agree that they have the capacity to independently contract with Ontario RealEstate Auctions on any purchases made. This will require each registrant to have reached the age of majority and acknowledge that they are at least eighteen years of age.
PLEASE ENSURE THAT YOU READ THE VIEWING, PICK UP, AND PAYMENT DETAILS POSTED ONLINE FOR EACH AUCTION
1. Remember that when you register for a Ontario RealEstate Auction's Timed Online Auction your registration name will appear on the invoice if you make a purchase. REGISTER in the name that is to appear on your invoice. ALL SALES ARE FINAL AND AS SUCH ALL INVOICES ARE FINAL. NO INVOICE or BIDDER REGISTRATION will be changed or altered after the fact, in any way. Once the bidder registration form has been completed online in full and submitted, and you have been approved to bid, you will then have confirmed and agreed to the following Terms and Conditions of the auction.
2. Ontario RealEstate Auctions (as the Auctioneers) reserve the right to approve a registration, refuse a registration for bidding and/or revoke the respective registration at any time.
3. Your password, along with your email address or user name will allow you to log into our auction and bid, and are 100% your responsibility, Ontario RealEstate Auctions does not have access to this information.
4. A five percent (5%) buyer's premium is in effect on all items at every auction sale. Please note that the buyer's premium is a taxable service.
5. Ontario RealEstate Auction will accept etransfer, wire transfer, bank draft or cash payments only. No debit or credit card payments will be accepted. All purchases are subject to HST.
6. All registered bidders are held personally liable and financially responsible for any and all bids placed with their respective "Bidding Number". By virtue of you accepting Ontario RealEstate Auction’s Terms and Conditions of Sale, you are agreeing to pay the bid amount, in addition to the Buyer's Premium and Harmonized Sales Tax ("HST"), within the timeline dictated by the Auctioneer. Bidders may be exempt from certain taxes, only on condition that they can provide appropriate proof to Ontario RealEstate Auction's that they have an exception status for that item. This may take the form of a status card or bill of lading.
7. Any catalogue description of equipment and/or lot(s) is merely a guide and may contain errors or incorrect information. The Auctioneers make NO representation whatsoever with respect to any degree of accuracy as it pertains to the year of manufacture, odometer and/or hour meter that may be indicated on any lot. NO sale shall be invalidated by reason of any defect or inaccuracy in any of the lots. Ontario RealEstate Auction’s maintains the right to add or delete any lots during the Auction.
8. When the placing a bid on an item in the auction, and becoming the high (or winning) bidder you agree that you have entered into a binding contract with Ontario RealEstate Auctions, for the purchase of the specific lot(s).
9. Each item in this online auction has a specific time when the bidding will close. Please ensure that you check the closing times on the items you wish to bid on. For the best bidding experience please ensure you are on the live catalogue page of the auction during closing of bidding.
10. If a buyer enters a bid at the last 2 minute of the auction, the ending time of the auction will automatically be extended by five (5) minutes until there is no further bid activity. This is referred to as a "soft close" or bid extension.
11. All sales are final and all purchased equipment and/or lot(s) must be paid in full. The buyer agrees that all items offered at auction are strictly sold on an "AS IS" basis. Ontario RealEstate Auctions will not warranty or guarantee any item in the sale. All items purchased must be removed by the date and time stated by the Auctioneer. No item will be removed by the buyer without full payment being made and an appropriate release is obtained by the buyer.
12. All Vehicles are sold "As Is". An "As Is" vehicle is by definition not in a roadworthy condition, mechanically sound or maintained at any guaranteed level of quality. The vehicle may not be fit for use as a means of transportation and may require repairs at the buyer's expense. It may not be possible to register the vehicle to be driven in its current condition. All bidders must inspect the vehicles and equipment to their own satisfaction before bidding. All vehicles are sold without warranty or guarantee and with all defects as presented to the buyer. All risk associated with the purchase lies with the buyer. The Auctioneer will not be held accountable for any discovered defect unless the item was misrepresented. The Auctioneer will be guided by the rules and governance of the Ontario Motor Vehicle Industry Council (OMVIC).
13. All items purchased by the buyer are the responsibility of the buyer and must be removed by the buyer. Ontario RealEstate Auctions will not assist with the loading of any items. No machinery is available to be used for loading purchases. If you do not bring adequate assistance for loading your purchases you will be required to reschedule your pick-up appointment.
14. No person shall bid on any lot for which they are the consignor or an agent or associate of the consignor.
15. The catalogue is purely a guide. It is based on information from sources believed to be reliable and from the consignor; however, its accuracy cannot be guaranteed. No refunds or returns will be offered. All purchases are as is, and final sale.
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