Sale Terms and Important Information

Important Information:

All items and equipment sold as is-where is, used surplus in unknown condition.

A 18% buyer's premium will be added to the final purchase of each lot.

Terms and Conditions:

REGISTRATION:

All bidders must register 48 hours in advance and have a refundable deposit of $3,000 on file in order to participate in the auction. A full disclosure of name, entity, address, and residency must be disclosed for approval.

WARRANTY:

The Auctioneer shall not be responsible for the correct description, genuineness, authenticity of, or defect in any lot, and makes no warranty in connection therewith. No sale shall be set aside nor allowance made on account of any incorrectness, error in cataloging, or any imperfection not noted. NO DEDUCTION ALLOWED ON DAMAGED ARTICLES, ALL ARTICLES BEING EXPOSED FOR PUBLIC EXHIBITION, AND SOLD “AS IS” AND WITHOUT RECOURSE. ARTICLES ARE NOT WARRANTED AS MERCHANTABLE OR FIT FOR ANY PARTICULAR PURPOSE, AND NO CLAIM MAY BE MADE BY PURCHASER RELATING TO THE CONDITION OR USE OF ARTICLES PURCHASED, OR FOR PROXIMATE OR CONSEQUENTIAL DAMAGES ARISING THEREFROM.

INVOICES / PAYMENTS:

Full payment must be made day of auction. All payments must be received in cash, check (w/bank letter) or wire transfer (wire transfer fee of $25 will be added to invoice total).

TAXES:

An 8.625% state of Oklahoma sales tax will be included on each buyers invoice. In order to receive tax exemption we will need to receive a State of Oklahoma sales tax exemption certificate.

REMOVAL:

Removal must be made by March 13, no exception.  All items must be removed by the buyer, at buyer’s risk & expense. Please contact our office (918-836-3611) to schedule your pickup time.  

REMOVAL DEFAULT:

Arrangements must be made with Duckwall & Co., Inc, or they will be considered as a total forfeiture and abandonment.