Auction Terms & Conditions Auction Terms & Conditions TERMS AND CONDITIONS 1. A 15% BUYERS PREMIUM WILL BE ADDED TO THE BID PRICE TODAY. (Your purchase price will be the amount you bid, plus 15%). All Purchases are subject to Florida Sales Tax unless purchaser possesses a sales tax exempt number. INTERNET PURCHASE TOTALS OF $1000 or More
MUST BE PAID BY BANK WIRE OR CASH ONLY BY 3:00 PM NEXT BUSINESS DAY - NO EXCEPTIONS !!! When requested, bidders may be required to maintain a 25% deposit at all times. PAYMENT: Cash; Visa; Mastercard; Discover; Travelers Checks; Personal Checks with Bank Letteer of Credit, and/or Prior Approval. Note to Credit Card Users: Please be sure we can contact you post auction the following workday and your credit card has a balance to cover your buys. The auction has to be audited and payments made to consignors or court trustees. Not having funds readily available will cause the auction office to remedy the situation with all avenues of recourse. There will be fees for time expended to collect and repeat offenders will no longer be allowed to bid online. Checks without Bank Letter will be accepted, but may be held until checks clear, and/or credit has been established with Bay Area Auction Services, Inc. Wire transfer will also be accepted. EVERY ITEM MUST BE PAID FOR IN FULL IMMEDIATELY FOLLOWING THE AUCTION – NO EXCEPTIONS. 2. EVERY ITEM IS BEING SOLD “AS IS, WHERE IS” WITH NO WARRANTIES, REPRESENTATIONS, OR GUARANTEES OF ANY KIND, EXPRESSED OR IMPLIED. Buyer shall rely on their own estimation and judgement of each item, including condition, authenticity, value, age, and all other. No allowance will be made or sales set aside on account of any incorrectness, error in cataloguing, or any imperfection not noted. 3. The Auctioneer reserves the right to (A) Accept bids in any increment he/she feels in the best interest of his client, the seller. (B) Reject bids from anyone whose conduct, actions, bidding, or adverse comments are not in the best interest of the seller or other bidders. (C) Withdraw from sale any items not listed or to sell at this auction, 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. (D) If any disputes arise between two or more bidders, the auctioneer may decide the same, or may immediately put the item up for sale, and sell to the highest bidder. The decision of the auctioneer shall be final and absolute. 4. Persons attending during exhibition, sale or removal of goods assume all risks of damage or loss to person and property and specifically release the auctioneer from liability therefore. Neither auctioneer nor his principal shall be liable by reason for any defect or condition of the premises on which the sale is held. 5. ALL ANNOUNCEMENTS AND/OR CHANGES FROM THE AUCTION BLOCK WILL SUPERCEDE ALL ELSE, REGARDLESS OF ANY CIRCUMSTANCE OR WRITTEN OR VERBAL STATEMENT FROM ANY SOURCE. THE AUCTIONEER IS ACTING AS AGENT ONLY AND IS NOT RESPONSIBLE FOR ACTS OF ITS PRINCIPALS. Re: Internet Tie Bids with an Online Webcast Auction; If a LIVE FLOOR bid comes in and ties a non accepted ONLINE bid then the floor wins. eg: Online bidder has a MAX Bid set to $200 and the bidding was started at $100 online and the floor jumps to $200. Floor bid wins. If you want to set your absolute Max as a starting bid we must know prior to the auction start. ONLY IF THERE IS A TIE BID BETWEEN TWO ONLINE BIDDERS THEN THE EARLIER BIDDER GETS PREFERENCE AND WINS. REAL ESTATE TERMS OF SALE: Cash pursuant to rules of auctioneer. 15% Buyers Premium. All property is selling “AS IS” “WHERE IS” subject to any liens and encumbrances, if any. No warranties of any kind. It is the buyer’s responsibility to examine the title or otherwise identify any encumbrances on the property not disclosed. Interest conveyed by means of a “Trustee’s Deed” which will be conveyed via “Quit Claim Deed”. Doc Stamps will be Collected by Crimmins Title, 6245 4th Street N, St. Petersburg, FL for all Properties Located in Florida. Bay Area Auction Services, Inc. and Bay Area Auction Realty, Inc. assumes no liability for error or omissions in this Statement of Terms. A 10% non-refundable deposit is required day of sale on all successful bids. Remaining balance on out of state properties to be paid with cash or certified funds within 3 business days, and successful buyer will be issued a “Trustees Deed” (usually within 6-8 weeks). It is the buyer’s responsibility for all legal filings and recordings. By signing up for a bidder number either onsite or online you as the bidder agree to our rules and conditions. You understand and agree there is no warranty or guarantee of any item. All property is sold AS IS, and ALL SALES ARE FINAL. Property is open to public inspection. It is the Bidders responsibility to determine condition, age, genuineness, value or any other determinative factor. Bay Area Auction Services may attempt to describe the merchandise in advertising, on the Internet and at the auction but makes no representations. In no event shall Bay Area Auction Services be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Bidder shall be the sole judge of value. Bidders who bid from off site and are not present at the live auction or preview understand and acknowledge that they may not be able to inspect an item as well as if they examined it in person. Bay Area Auction Services shall endeavor to describe in detail each item and any pertinent information about it. Bay Area Auction Services will not be responsible for any errors or omissions in the description of the merchandise unless it is a material and intentional misrepresentation of the item itself. * Bidder agrees that everything is sold as is and that they may not return any item they purchase... * Some items may have a reserve price to attain or are subject to price approval before they can be sold. The online software will show if the high bid has not met a reserve if there is one. Bidders further agree Bay Area Auction Services will not be held liable for any direct, indirect or consequential damages due to computer errors, connections online, missed floor or internet bids. The auctioneer has final word and determines the outcome of all bidding. There is also a 15% Buyers Premium to be added to the purchase price. By signing up and obtaining a bidder number you acknowledge and agree to the above terms. TITLED VEHICLES - All require down payment of 10% Cash or Credit Card day of sale and full balance payment following workday via Cash, Certified Bank Funds or Bank Wire Transfer. There are no refunds or chargebacks allowed.