Terms & Conditions
Subject to amendments and modifications announced by the Auctioneer at the time of the auction, any person participating in the auction shall be bound by the following terms and conditions and as stated or otherwise set forth in the brochure or at the auctioneer’s website www.ind-auctions.com.
REGISTRATION: All bidders are required to register and give full name, address and contact information. All domestic bidders may be required to leave a deposit of $1000.00 or 25% of the spend limit, whichever is greater, that will be refundable at the conclusion of the sale. All foreign bidders may be required to leave up to a $5000.00 deposit which would also be refunded at the conclusion of the sale.
1. Payment in full must be made before or immediately after the Conclusion of the auction. All payments shall be made by way of wire transfer, certified check, bank draft, or a company check accompanied with a valid bank letter of authorization guaranteeing irrevocable payment to; Industrial Auction Services LLC. Payments may be made in advance of the auction via wire transfer and any balance in excess of the balance owing will be refunded after the Auction. In the event payment is not made within 48 hours from the conclusion of the sale, we reserve the right to charge the full balance to the credit card on file when registering for the auction plus a 4% credit card fee.
2. Sales taxes arising on a sale shall be paid to the Auctioneer at The time of sale. Purchasers claiming exemptions from taxes shall provide proof satisfactory to the Auctioneer of their entitlement to Claim such exemption. In the absence of proof satisfactory to the Auctioneer, taxes shall be paid by the Purchaser.
3. All Articles will be sold to the highest bidder conforming to the bid process, provided that the Auctioneer reserves the right to sell articles by individual, group lots and "in bulk", as he deems Appropriate. The Auctioneer reserves the right to sell on behalf of Third parties, its own account or on the account of others. Should any dispute arise between two or more bidders or as to any bid, the lot in question may, at the Auctioneers discretion, be immediately Put up again and resold. The Auctioneer shall regulate all matters relating to the conduct of the auction and his decision shall be final and binding on all bidders. The records kept by the clerk of the Sale, shall in all cases be accepted by the bidder as final.
4. Auctioneer reserves the right to sell subject to reserve and to bid for its own account and for the account of others, whether by Verbal or written proxy, all subject to prior sale.
5. All sales shall be concluded as indicated by the Auctioneer and No Purchaser may thereafter revoke their bid. Title to the lots purchased shall not pass until payment in full of the purchase price Is received.
6. ALL SALES ARE FINAL, ON AN "AS IS WHERE IS", "IN PLACE" "WITH ALL FAULTS" BASIS WITH NO CONDITIONS OR WARRANTIES WHETHER EXPRESSED, IMPLIED, STATUTORY OR OTHERWISE, INCLUDING WITHOUT LIMITATION, WARRANTIES OR CONDITIONS AS TO TITLE, DESCRIPTION, FITNESS FOR PURPOSE, QUANTITY, QUALITY, MERCHANTABILITY, STATE, CONDITION, LOCATION OR OTHERWISE. NO SALE SHALL BE INVALIDATED AND THE AUCTIONEER SHALL HAVE NO LIABILITY FOR A MISDESCRIPTION OF ANY ARTICLE OR LOT WHETHER CONTAINED IN A CATALOGUE, ADVERTISEMENT OR OTHERWISE. DESCRIPTIONS HAVE BEEN PREPARED FOR GUIDE PURPOSES ONLY AND SHALL NOT BE RELIED UPON BY THE PURCHASER FOR ACCURACY OR COMPLETENESS. PLEASE INSPECT ALL ITEMS BEFORE BIDDING. PURCHASERS SHALL BE DEEMED TO HAVE RELIED ENTIRELY UPON THEIR OWN INSPECTIONS AND INVESTIGATIONS.
7. No article shall be removed unless paid for in full and all articles purchased shall be removed within the guidelines and Terms stipulated. The Purchaser shall be responsible for all costs of removal and shall be liable f |
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