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 reserves the right to sell on behalf of Third parties, its own account or on the account of others. 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.
In the absence of proof satisfactory to the Auctioneer, taxes shall be paid by the Purchaser.ģ. Purchasers claiming exemptions from taxes shall provide proof satisfactory to the Auctioneer of their entitlement to Claim such exemption. Sales taxes arising on a sale shall be paid to the Auctioneer at The time of sale. In the event payment is not made within 48 hours from the conclusion of the sale, we reserve the right to charge the full balance to the credit card on file when registering for the auction plus a 4% credit card fee.Ģ. 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.
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. Payment in full must be made before or immediately after the Conclusion of the auction. All foreign bidders may be required to leave up to a $5000.00 deposit which would also be refunded at the conclusion of the sale.ġ. All domestic bidders may be required to leave a deposit of $1000.00 or 25% of the spend limit, whichever is greater, that will be refundable at the conclusion of the sale. 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 or at the auctioneer’s website REGISTRATION: All bidders are required to register and give full name, address and contact information.
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