2018 Spring Spectacular ONLINE ONLY Consignment Auction-Copied
Wednesday, May 9th

Terms & Conditions

Pacific Industrial Auctions and Appraisals LLC.
TERMS OF BIDDING AND SALE
1. Pacific Industrial Auctions and Appraisals LLC., (hereafter known as the “Auctioneer”) hereby grants to the party whose name appears on the bidders registration agreement (hereafter known as the “Bidder”), the right to use the number given for the purpose of bidding at an auction sale (either online, live or both) conducted by the Auctioneer. Such right is granted at the Auctioneers sole discretion and may be revoked at any time.
2. The Bidder acknowledges that he has received, read and understands these terms of bidding and sale by accepting and using this buyers number and agrees to comply with and be bound by such.
3. The auction will be conducted by offering items by lot, either individually or in groups. The Bidder offering the highest bid accepted shall be the purchaser (“Purchaser”) of the offered lot and no Purchaser shall retract his bid. ALL SALES ARE FINAL.
4. For all items there shall be a standard 10% buyer’s premium assessed on all purchases. For those purchases made with a credit card or are delayed payment beyond the posted payment terms a 3% additional service fee applies. The buyer’s premium and any service fees are in addition to the purchase price.
5. The Bidder, whether acting as an agent, director or representative of a company or as an individual in any capacity whatsoever, and the company he represents both jointly and severally agree:
A. to indemnify and save harmless Auctioneers and its consigners (“Consigner”) from any and all actions, causes of action, lawsuits, damages, costs and losses of any nature, arising from the purchase or use of any Lot or the attendance and participation of the Bidder, agents or employees at the auction sale or at the auction site either before, during or after the auction sale.
B. to be responsible for the payment of the purchase price, buyers premium, taxes and any and all costs due on all of the bidders purchases.
C. that all rights and defenses available to the Auctioneer hereunder shall also extend to the consigner.
6. The terms shall be governed by and interpreted under the laws of, and any action hereunder against Auctioneers shall be commenced in the State and County in which the auction occurs.
7. The bidder grants to the Auctioneers a security interest in the purchases, to secure payment of the purchase price. In the event of non-payment, the Auctioneers may proceed to perfect the security interest granted by this security agreement and recover the unpaid lots.
8. There shall be no guarantees or warranties, either written, expressed or implied, statutory or otherwise of any nature whatsoever in respect to the lots offered at the auction. Each and every lot will be sold “as is, where is” specifically, but without limitation. Auctioneers make no representation or warranty that any of the lots:
A. Conform to any standard in respect to safety, pollution or hazardous material or to any other standard or requirement of any applicable authority, law or regulation, or
B. Are fit for any particular purpose, or
C. Are merchantable or financeable, or
D. Are of any particular age, year of manufacture, model, make or condition.
9. Bidder agrees he has satisfied himself and is not relying on the Auctioneers, or their information, nor are the Auctioneers liable, for any matter in respect of the above. Bidder further agrees to repair at his cost, any lot purchased at the auction sale to a safe operating condition which meets any standard or requirement of any applicable authority, law or regulation including those concerning any use in which the lot may be put.
10. The Bidder acknowledges that an auction site is a potentially dangerous place. Flammable, noxious, corrosive and pressurized substances are present, heavy equipment is being operated and electric
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Swift. Smart. Simple. Sold!!!