Terms of Sale:Cash from each bidder other than Sassano which may elect to “credit bid”. Payment in full must occur within 24 hours of closing date and time. Property must be removed within 7 days of sale. Buyer’s premium of 10% applies to all final bid prices.
The auction end time is subject to change should an “upset bid” occur before 2:00 p.m. on Thursday, June 21, 2018. Each upset bid will delay the end time by five (5) minutes per upset bid.
The property auctioned pursuant to this Notice is being sold “WITHOUT REPRESENTATION OR WARRANTY OF ANY KIND.” There is no warranty relating to title, possession, quiet enjoyment, or the like in this disposition, including, but not limited to, no express or implied warranty and no warranty that the auctioned property is fit for any particular purpose.
The property auctioned pursuant to this Notice is subject to the terms and conditions of usaweb.com. A copy of usaweb.com’s terms and conditions, as of the date of this Notice, are attached. They are also accessible under the “Terms and Conditions” tab on each Lot’s webpage and may be modified at that location prior to bidding. Placing a bid on usaweb.com signifies the bidder’s acceptance of usaweb.com’s terms and conditions.
Sassano reserves the right to bid for and purchase the property auctioned pursuant to this Notice and to credit the purchase price against the expenses of sale, and the principal, interest and any other amounts due on the obligations secured by the said property.
5. Prospective purchasers will be furnished, upon request made to the undersigned with such information concerning the property to be auctioned as may at that time be in the possession of Sassano.
You are entitled to an accounting of the unpaid indebtedness secured by the property that we intend to sell. You may request an accounting by contacting us at 704-998-4102.
NO WARRANTY: Everything sells AS IS, WHERE IS, with no warranties given or implied. The auction company makes every effort to describe assets to the best of its ability, there are no guarantees as to the condition, quantity, quality, condition, age, color, or usefulness of lots sold in the auction. Everything sells with all faults, conditions, damage, defects, and flaws. The buyer will take the assets, personal property, items, lots or merchandise in the condition existing. ALL SALES ARE FINAL, NO REFUNDS OR EXCHANGES.
BUYER’S PREMIUM: There will be a Ten percent (10%) Buyer’s Premium added to the final bid price to determine the final contract purchase price.
SALES TAX: Buyers will be charged all applicable taxes unless satisfactory proof of exemption is provided to Auction Company prior to payment. If satisfactory proof is not provided, Buyer will pay all applicable taxes to auction company. No taxes will be refunded once the tax has been collected. Proof of exemption, subject to approval by Auction Company, includes valid reseller’s Permits, state issued letters of exemption, bills of lading provided by shipper for out of state shipments only, and any other documents as governed by applicable local, state, and federal laws deemed acceptable at Auction Company’s sole discretion. Taxes are calculated after the buyer’s premium
PAYMENT: Invoices must be paid in full within 24 hours of the closing date of the sale unless otherwise specified. A buyer’s premium of 10% will be applied to all invoiced sales and applicable sales tax will apply without appropriate proof of exemption. CASH, CASHIER’S CHECK OR WIRE TRANSFER ONLY. NO CREDIT CARDS, NO PERSONAL CHECKS, NO ASSETS WILL BE RELEASED UNTIL INVOICE IS FULLY PAID.
REMOVAL: Buyer is solely responsible to provide any personnel, equipment or material needed to pick up purchases and shall assume all responsibility for the removal of any item purchased at the sale. Buyer is required to remove all items within the stated time frame which is on their invoice unless prior arrangements have been made in writing and approved by Auction Company/Seller. Items will be considered abandoned, and buyer shall lose all rights to said equipment without recourse or refund due from Auction Company/Seller after the removal deadline.
AUCTION CHANGES: All aspects of this auction are subject to change without notice. The Auction Company reserves the right at any time and in the Auction Company’s sole and absolute discretion: add or remove items from the auction, split or combine lots, change quantities, add minimum bids or reserve prices, cancel, suspend, extend, or reschedule the sale of an individual item, lot, auction, and/or auction event, make changes to the auction’s closing, inspection, or removal times, or take any other action the Auctioneer deems necessary to effect the fair conduct of this sale or protection of buyers’, sellers’, or other parties’ interests.
LIABILITY: In all cases, the Auction company’s liability, and the liability of the seller of the items in this auction will be limited to the refund of your purchase price. The Auction Company will not be liable for any amount in connection with the postponement or cancellation of this auction, or the withdrawal of any item or lot from this auction. In no event will the Auction company be liable for lost profits or any special, incidental, or consequential damages arising out of or in connection with this auction or any related sale or transaction. The Auction Company is not responsible for any action taken by any seller, bidder, or another third party before, during, or after this auction. You understand that this auction is an online only Auction event, and so relies on devices and programs that may malfunction without warning. You agree that the Auction company will not be liable for any error or inconvenience that may be the result of such a malfunction. You further understand and agree that the Auction company may void or suspend any sale, or resell any item if the Auction company determines a transaction to have been affected by any site malfunction or human error relating to the site. In no event will the Auction Host have any duty or responsibility to the bidder not directly related to the function of the site. When Auction Company is selling or auctioning any Goods on behalf of a third party owner, Auction Company shall act as an agent only and shall have no liability whatsoever for the acts of any owner/principal.
REFUSE BIDDING: Auction Company, in its sole discretion, reserves the right to refuse the bid of any person without providing any notice or reason therefore. Auction Company reserves the right to deny the usage and access by any person or third party of any and all Auction Company Services and Websites without notification.
MINIMUM OR RESERVE PRICES: Auction Company in its sole discretion, reserves the right to establish a reserve or minimum price on any Goods without having to announce, post or publish notice to attendees and buyers at any auction. Auction Company reserves the right to confirm or reject the final bid. Further, Auction Company, and/or its affiliates or subsidiaries, may bid at the auction either for its own account or on behalf of a third party.
AMEND TERMS AND AGREEMENTS: Auction Company reserves the right to amend any and all of the Terms and Agreements stated herein at any time without notification at Auction Company’s sole discretion. It is the Buyers responsibility to read and review the Terms and Conditions for each sale.
INDEMNIFICATION: You agree to indemnify, defend, and hold harmless the Auction company and its employees, officers, owners, affiliates, agents, and representatives from and against any claims, losses, damages, liabilities, judgments, fees, costs, and expenses, including reasonable legal fees and costs, related to, arising from, or associated with you, your agents or representatives – including, but not limited to, personal injury or property damage caused at any sales site or during removal or transportation of items won at auction, any dispute with another bidder, or any violation of these Terms and Conditions.