Stronghold Equipment TERMS & CONDITIONS – FOR ALL AUCTIONS
1. IDENTIFICATION: All participants are required to
register prior to becoming an “Approved Bidder.” All
Participants are required to give full name; permanent
street address (P.O. Boxes will NOT be accepted or
approved); phone number(s); email address, valid credit card
and business name and banking information. Subsequent to
registration on Bidspotter, approval to bid is at our
discretion.
2. DEPOSITS: All Online Registrants will be required to
submit the requested Information, including: Drivers License
Number and valid credit card in order to be “Approved.” (a
pre-authorization on your credit card of 10% of your
requested bidding. Your credit card will not be billed and
just preauthorized for 10% of your request or a minimum of
$1000). NO EXCEPTIONS. OVERSEAS BUYERS must submit a
refundable deposit of $5000 to be approved to bid, or have
arrangements made with our office to be “Approved” to bid.
3. PAYMENT: Invoices must be paid in full after Sale
unless otherwise specified. A
BUYER

`S PREMIUM
OF 13%
WILL
BE
APPLIED TO INVOICE IN ADDITION TO THE SALES PRICE. Where
required by law, ANY APPLICABLE SALES TAX WILL BE APPLIED TO
ALL SALES UNLESS BUYER HAS PROPER EXEMPTION. Business and
Personal checks may not be accepted without a letter of
verification from your bank. CREDIT CARD payment (VISA or
MASTERCARD ONLY) is accepted with an extra 3% premium. NO
MERCHANDISE WILL BE RELEASED UNTIL INVOICE IS FULLY PAID.
4. MANNER OF PAYMENT: Invoices will be emailed within
24 hours of the auction end date. If you are the successful
bidder, your credit card will be charged as follows: for
amounts less than $5000 the entire balance is due
immediately unless otherwise specified by you, the
successful bidder; for amounts greater than $5000-a 25%
deposit is due immediately and the remaining balance is due
within 48 hours either by Cash, Certified Check, bank draft,
Visa, or MasterCard. The full purchase price on all lots
sold to the same buyer must be paid within the time
specified and prior to the removal of any goods. All
certified checks and bank drafts for deposit and balances
due shall be payable to the order of Stronghold Equipment
Co. For wire transfers, please contact the Stronghold
Equipment Co. for the pertinent information.
5. REMOVAL: All purchases MUST be removed as herein
listed: Small Items (Perishable Tools, Machine Parts &
Accessories, Etc.) are to be REMOVED WITHIN 2 DAYS OF THE
AUCTION. WE ASSUME NO RESPONSIBILITY FOR SMALL, CARRIABLE
ITEMS LEFT ON PREMISES ONE DAY AFTER SALE. Standard Items
(Machinery & Equipment) must be removed during announced
removal period.
6. Purchases may be removed only on presentation of
paid bill. Removal shall be at the expense, risk and
liability of the purchaser. Auctioneer shall not be
responsible for goods not removed within the time allowed.
For items with rigging fees, all pickups must be made by
appointment. Please contact the in house rigging coordinator
at 905-971-8265.
7. CONDITION OF ARTICLES SOLD: Neither the auctioneer
nor the seller shall be responsible for the correct
description, genuineness, authenticity of, or defect in any
lot. , Information was / has been provided from sources
deemed reliable and Stronghold Equipment Co. makes no
warranty or guarantee as to the accuracy of the information
herein contained. No sale shall be set aside nor allowance
made on account of any incorrectness, error in cataloging,
or any imperfection not noted. DESCRIPTIONS AND PHOTO’S ARE
NOT GUARANTEED. PLEASE MAKE YOURSELF AVAILABLE FOR THE OPEN
INSPECTION PERIOD. It is the buyer’s responsibility to
inspect before bidding.
TO AVOID CONFUSION, PARTICIPANTS ARE BIDDING ON ITEMS LISTED
IN THE LOT DESCRIPTIONS AND NOT ALL ITEMS SHOWN IN THE
PHOTOGRAPHS. 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.
8. SAFETY DEVICES: Articles purchased may not
incorporate approved activating mechanisms, operating safety
devices or safety guards, as required by OSHA, CCOHS or
otherwise. It is
purchaser

`s
responsibility
that
articles
purchased be so equipped and safeguarded to meet OSHA and
any other requirements before placing such articles into
operation.
9. INDEMNIFICATION: Purchaser shall defend and
indemnify and hold auctioneer and seller harmless from and
against all claims and liabilities relating to the condition
of, removal of, or use of the articles purchased or failure
of user to follow instructions, warnings or recommendations
of the manufacturer, or to comply with federal, state or
provincial, and local laws applicable to such articles,
including OSHA requirements, and Environmental Protection
Agency requirements, or for proximate or consequential
damages, costs or legal expenses arising there from.
10. CLAIMS: NO CLAIMS WILL BE ALLOWED AFTER REMOVAL OF
GOODS FROM PREMISES OR LEFT ON PREMISES PAST ALLOWED TIME
LIMIT.
11. RESPONSIBILITY FOR NON-DELIVERY: Neither the
auctioneer nor the seller, in any event, shall be liable for
non-delivery or for any other matter or thing, to any
purchaser of any lot, other than for the return to the
purchaser of the deposit or sum paid on said lot, should the
purchaser be entitled thereto.
12. COMPLIANCE WITH TERMS OF SALE: In default of payment
of bills in full within the time therein specified, the
auctioneer in addition to all other remedies allowed by law,
may retain all monies received as deposit or otherwise, as
liquidated damages. Lots not paid for and removed within the
time allowed herein may be resold at public or private sale
without further notice, and any deficiency, together with
all expenses and charges of resale including legal fees,
will be charged to the defaulting purchaser.
13. RISK TO PERSON AND PROPERTY: Persons attending
during exhibition, sale or removal of goods assume all risks
of damage of or loss to person and property and specifically
release the auctioneer and seller from liability therefore.
Neither the auctioneer nor his principal shall be liable by
reason of any defect in or condition of the premises on
which the sale is held.
14. CONTRACT MOVERS: Stronghold Equipment Co. will be
the exclusive rigger for this sale. Charges will be incurred
based on individual lots purchased. Please contact the
rigging coordinator at 905-971-8265.
15. ADDITION TO OR WITHDRAWAL FROM SALE: The auctioneer
reserves the right to withdraw from sale any of the property
listed or to sell at this sale property not listed, and also
reserves the right to group one or more lots into one or
more selling lots or to subdivide into two or more selling
lots. Whenever the best interest of the seller will be
served, the auctioneer reserves the right to sell all the
property listed, in bulk.
16. DISPUTE BETWEEN BIDDERS: The
auctioneer

`s
decision
shall be final and absolute.
17. RECORDS: The record of sale kept by the auctioneer
and bookkeeper will be taken as final in the event of any
dispute.
18. INDEPENDENT CONTRACTOR: The auctioneer is acting as
an independent contractor only and is not responsible for
the acts of its principals or sellers.
19. ADDITIONAL TERMS AND CONDITIONS: The auctioneer may
add other terms and conditions of sale, such additional
terms and conditions to be announced prior to the auction.
20. RESERVE: The auctioneer reserves the right to reject
any and all bids. On lots upon which there is a reserve, the
auctioneer or his assigned agents, shall have the right to
bid on behalf of the seller.
21. By registering, you are agreeing to receive our fully
cancellable newsletter.
22. As per our free shipping and loading to the lower 48
states in the US. The receiver must be able to unload the
goods off of a truck at the destination location. If the
destination is a rural delivery area based on regular
trucking lines, there may be a delivery charge to get the
machine to the location, OR we reserve the right to ship to
a nearby terminal where the goods would have to be picked up
at the
buyer

`s expense.
There is no free shipping on oversize machines (eg. Mazak
HTC400, Fadal 6030 VMC etc...)