Terms of Services

REGISTRATION: All purchasers
are required to register
and give full name, address
and contact information.All
bidders who want to register
and are out of country are
required to wire transfer
$1,000.00 to be
approved.Please
email our firm for transfer
information.

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.


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. in the following
format: ?Name of Bank hereby
guarantees irrevocable payment
of
checks payable to Industrial
Auction Services LLC. up to
Amount in Words
& Currency for purchases made
by our client - name of
Client.
This letter is valid for
purchases made at the auction
of Name of
Auction being held in City,
State on Date. 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.


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
for any damages, including
without
limitation, any environmental
damage, caused during or as a
result
Of the removal. Purchasers
shall comply with all
environmental
laws and regulations and all
requirements established by
the
Auctioneer for the removal of
articles, including
requirements as to
bonding of movers; please
refer to the REMOVAL
REQUIREMENTS on inside back
cover. No claims shall be
Allowed after removal of the
purchased article.


8. Where available, documents
of transfer, including motor
vehicle ownership documents,
which are in possession of the
Auctioneer, will be provided
to the Purchaser following the
auction
Or as soon thereafter as such
documents are available.


9. If the Auctioneer is unable
to deliver an article sold to
a
Purchaser due to fire, theft
or any other reason
whatsoever, the
Auctioneer shall reimburse
the Purchaser for all monies
paid to the
Auctioneer in respect of the
article and the Auctioneer
shall have
no further liability to the
Purchaser arising from or
relating to such
Loss, including without
limitation, any damages for
loss of profits.


10. The Auctioneer reserves
the right to refuse any
applicant the
privilege of bidding or
attending the auction and may
revoke such
Privilege at any time.


11. The Auctioneer assumes no
responsibility or any
liability once
Title passes, which occurs at
time of payment in full.
Purchasers are
Advised to prearrange for
insurance coverage of their
purchase.
Title will revert to seller
in the event purchaser does
not remove
His purchase by the time
specified.


12. Time shall be of the
essence. If a Purchaser fails
to make
payment or remove goods
within the time periods
provided, the Auctioneer may
resell the article purchased
by
auction, private contract or
otherwise, as the Auctioneer
in his
discretion deems advisable,
and the Purchaser shall be
liable for
the shortfall and all costs
and expenses, including but
not limited to
legal fees, moving and
storage costs and commissions
incurred in
Such resale, or any other
fees as assessed by the
Auctioneer.


13. No Purchasers may assign,
transfer or dispose of their
rights in
any article purchased before
they have paid the purchase
price in
Full. Notwithstanding, these
terms and conditions shall
continue to be in
Effect and automatically
transferred to any assignee or
transferee.
These terms and conditions
together with any amendments
or
modifications expressly made
by the Auctioneer at the time
of the
auction constitute all the
terms and conditions with
respect to the
Sale of articles at this
auction. There are no
representations,
warranties, terms, conditions
undertakings or collateral
agreements
Except as provided.