Important Information
Inspection Dates are December 5 & 6 by appointment only. Contact Craig to
schedule 810-397-3598.
Terms and Conditions
There is a 15% Buyer?s Premium applied to bidders who
purchase at this sale.
NOTICE: ALL BIDDERS AND OTHER PERSONS PARTICIPATING IN THIS
SALE AGREE THAT THEY HAVE READ AND HAVE FULL KNOWLEDGE OF
THESE TERMS AND AGREE TO BE BOUND THEREOF!
IDENTIFICATION - All purchasers are required to give their
full name, company name, address, phone number, signature
and email address.
TERMS - The buyer does hereby assume and does agree to
indemnify and hold the auctioneer and seller harmless
from any future claim which shall pertain to the fitness or
use of the asset as being purchased.
REMOVAL DATES: The removal dates for this auction are by appointment
only.
MANNER OF PAYMENT ? All bills must be paid within 48 hours
of the end of the sale. We will accept your company check
under the following conditions a.) the check is certified at
time the of purchase b.) you submit a letter from your bank
at time of purchase, guaranteeing unqualified
payment of your check. All checks for deposits and
balances due are to be made payable to the order of
ASSET MANAGEMENT GROUP. All checks are to be cashier's or
certified funds. We do not accept credit cards!
The full purchase price, on all lots purchased,
must be paid prior to the removal of any of the lots.
EXAMPLE Please show this letter to your bank.
To: ASSET MANAGEMENT GROUP
DETROIT, MI
Mr. (Customer Name) of
(Company Name) is a customer at this bank. This bank will
guarantee irrevocable, unqualified payment for full
face value stated on this letter to Asset Management Group
Company for checks drawn on (account number) for an amount
up to $_____.00. This letter is Valid for seven (7) days
and for the (Name of Auction)ONLY.
CONDITION OF ARTICLES SOLD - The auctioneer shall not be
held responsible for the correct description, genuineness,
authenticity of or defect in any lot, and makes no warranty
in connection therewith. No sale will be set aside or
allowance made for any incorrectness, error in
cataloging or any imperfection not noted. No allowances or
deduction will be made on damaged articles. All goods
are exposed for public exhibition and sold "AS-IS"
"WHERE-IS" and without recourse.
CLAIMS - No claim will be allowed for shortages after 24
hours or after removal of goods from the premises.
RESPONSIBILITY FOR NON-DELIVERY - The auctioneer is not, in
any event, liable for the non-delivery, to any
purchaser, of any lot purchased.
COMPLIANCE WITH TERMS OF SALE - In default of payment of
bill in full within the time limit stated, the auctioneer
may retain all monies received as deposit or otherwise as
liquidated damages. Any lot not fully paid for within the
time stated will be resold at public or private sale without
further notice. Any deficiency, together with all
expenses and charges of resale will be charged to the
defaulting purchaser.
RISK TO PERSON AND PROPERTY - Any person attending
inspection day, auction sale day or during the removal
period assume all risks of damage or loss to person or
property and specifically release the auctioneer and his
principal from any liabilities. Neither the auctioneer nor
his principal is responsible for any defect or the condition
of the premises on which the sale is held.
ADDITION TO OR WITHDRAW FROM SALE - The auctioneer reserves
the right to withdraw from the sale any property listed and
also to add property not listed to this sale. Also, the
auctioneer may group lots or subdivide lots in order to
benefit the seller. The auctioneer reserves the right to
sell all the property listed in bulk.
AUCTION TERMS AND CONDITIONS
(CONTINUED):
DISPUTE BETWEEN BIDDERS ? If any dispute arises between
bidders, the auctioneer may decide the same or put the lot
up for sale again at once. The auctioneers decision is
final and absolute.
RESERVE ? The auctioneer reserves the right to accept or
reject any and all bids. If there is a reserve on a lot,
the auctioneer has the right to bid on behalf of the
seller. If there is a reserve on any particular single item,
the auctioneer can reject the highest bid subject to the
reserve after the conclusion of the sale. The auctioneer
may disclose this information if he so chooses.
RECORDS ? The record of sale that is kept by the auctioneer
and his bookkeeper will be taken as final word in the event
of a dispute.
AGENCY ? The auctioneer is only an agent and not responsible
for the acts of his principal.
THIRD PARTY PICK-UP ? Any buyer that is going to have
someone other than himself pick-up his purchases must
notify that auctioneer in writing.
ADDITIONAL TERMS AND CONDITIONS ? The Auctioneer reserves
the right to sell subject to reserve and to purchase for
its own account and/or for the account of others, whether by
verbal or written proxy, all subject to prior sale. The
auctioneer reserves the right to refuse any applicant the
privilege of bidding or attending at the auction and
may revoke such privilege at any time. The auctioneer may
add other terms and conditions prior to the start of this
sale.