Grinding stones & contents with Cabinet

Terms and Conditions

1. All Bidders and attendees of this auction sale agree that they have read and fully understand the Terms and Conditions of this auction sale.

2. All Bidders are requested to give their full company name, address, phone number, and signature.

3. Each Buyer is required a minimum deposit of 25% by cash, certified check, or company check; accompanied with a Letter of Guarantee by their bank, by Wire Transfer 24 Hours prior to biding. No personal checks will be accepted. All purchases must be paid in full before removal of any items.

All on line Buyers are required to have a 25% Deposit in the auction office or wire transfer to the auctioneers bank 48 Hours prior to bidding.

4. No items will be removed during the auction.

5. All items must be removed by the time and dated stated or they will be resold. Any funds deposited will be retained by the auctioneer as liquidated damages without further notice being given.

6. A Buyers Premium of 15% will be charged at this sale.

7. Sales Tax will be added to the buyer’s bill where applicable if the Buyer claims exemption they must supply the Buyer’s sales tax license.

8. The Auctioneer makes no warranties as to descriptions or usefulness of the items purchased. The Buyer accepts all faults and that all items are bought “As Is” and with all faults and no Warranties of Marketability or Use.

9. The Auctioneer reserves the right to group and sub-divide lots. The Auctioneer may withdraw any item from the sale and may bid on behalf of the Owner. The Auctioneer may withdraw any item from the auction if the Auctioneer deems that a bid is not commensurate with the value of said item.

10. Disputes: Any disputes between purchasers will be decided by the Auctioneer whose decision will be Final.

11. Abandonment: The Buyer shall be liable for all expenses for the removal of abandoned items by the Buyer. After November 13, 2015 Equipment will be considered abandoned unless arrangements have been made with auctioneer.

12. Removal by a Third Party: The Buyer must issue a release to the third party with a copy to the Auctioneer.

13. Claims: No claims will be allowed after removal of said property.

14. The auctioneer is not responsible for equipment removed by a third party.

15. Disputes: The record kept by the Auctioneer will be final in the event of a dispute.

16. Riggers: Riggers must give the Auctioneer a copy of his insurance covering Workman’s Compensation and liability in the amount of $1,000,000 or more. All areas must be left clean. No abandonment.

17. No power equipment will be allowed without a certificate of insurance covering Workman’s Compensation and liability in the amount of $1,000,000 or more provided to the Auctioneer.

18. The Auctioneer may ask any person interfering with the auction to leave the premises without further notice or explanation.

19. Inspection October 20,21. Pick up will begin November 2 from 9:00am to4:00pm and end November 13, There will be NO pick up on Weekends or Holidays.

20. All items must be paid for by November 4, 2015.