![]() RESPONSIBILITY FOR NON-DELIVERY- Auctioneer, any owner, seller or secured party shall not, in any event, be liable to any Bidder for non-delivery of any Lot or for any other matter or thing, other than for the return to the successful Bidder of the deposit or sum paid on said Lot, should the successful Bidder be entitled thereto. CLAIMS - No Claims will be allowed after removal of Lots from premises.Ĩ. Auctioneer makes no warranties or guarantees whatsoever whether written, oral or implied as to quality, quantity, condition, usability, salability, weight, measurement, age, model, mechanical condition, performance or other specifications and all sales made are utterly without recourse.ħ. No deduction, credit or avoidance shall be allowed on damaged articles, all Lots being exposed for public exhibition are purchased and accepted by successful Bidder “AS IS”, “WHERE IS” and “WITH ALL FAULTS”. No sale will be set aside nor allowance made on account of any incorrectness, error in commentary, cataloging, or any imperfection not noted. If you think you have received any assurance or warranty of any kind as to a Lot offered in this auction do not bid on such item unless the Auctioneer has signed a writing specifically directed to you and identifying the Lot and stating the modification of this exclusion The Auctioneer shall not be responsible for the correct description, genuineness, authenticity of, or defect in any Lot, and makes no warranty in connection therewith. No oral statement or other writing by any person negates this exclusion. All such express or implied warranties are expressly excluded hereby. DISCALIMER OF ALL WARRANTIES INCLUDING IMPLIED WARRANTIES OF MERCHANTIBILITY AND FITNESS FOR PARTICULAR PURPOSE CONDITION OF ARTICLES SOLD - The Auctioneer and any owner, seller, or secured party make no warranties express or implied as to merchantability or fitness for purpose whatsoever. The full purchase price on all Lots sold to the same successful Bidder must be paid within the time fixed and before removal of any Lot.Ħ. MANNER OF PAYMENT - All payments must be made by cash, bank cashier’s check or company check with a bank letter of authorization guaranteeing funds to “Cincinnati Industrial Auctioneers, Inc.” All checks for deposits and balances due shall be payable to the order of “Cincinnati Industrial Auctioneers, Inc." All invoices must be paid to representatives of the Auctioneer at the auction site unless otherwise announced. Auctioneer shall not be responsible for Lots not removed within the time allowed, but Auctioneer shall have the option to remove and store at the expense and risk of the successful Bidder any article purchased, but not paid for and removed within the time required.ĥ. Purchases will be released only on presentation of paid invoice. All goods are sold “Where Is.” Removal shall be at the expense, risk, and liability of the successful Bidder. No Lot can, on any account, be removed during the sale. REMOVAL - All purchases must be removed not later than the date specified in the Auction Catalogue and/or announced at the sale. The Bidder shall nonetheless remain liable for any damages caused by the Bidder’s failure to pay.Ĥ. In the absence of payment or agreement by the auctioneer, title to the Lot shall not transfer to the successful Bidder and such Bidder will lose any right, title or interest such Bidder may have acquired, and the deposit paid, if any, without further notice to such Bidder. ![]() Any other arrangements must be made with auctioneer prior to bidding. All invoices must be paid in full by the close of business on the last day of the auction sale and prior to removing any Lot. TIME OF PAYMENT - Each successful Bidder shall receive an invoice during or at the conclusion of the auction. In default of such deposit, the Lot may be put up again immediately and resold.ģ. ![]() DEPOSIT - Each successful Bidder will be required to make a deposit in cash or by bank cashier’s or certified check of 25 percent (25%) of the successful bid on each Lot at time of knockdown. IDENTIFICATION - All Bidders are required to give full name and addresses at time of registration.Ģ. The term “Auctioneer” herein means Cincinnati Industrial Auctioneers, Inc.ġ. ![]() All determinations, rulings, and adjustments made by the Auctioneer in good faith shall be final, binding, and conclusive upon all Bidders. The Bidder identified by the Auctioneer as the high bidder or successful bidder at auction (“successful Bidder”) shall have entered into a legally binding contract to purchase the item bid upon (“Lot”) at the price and subject to the terms and conditions set forth herein. NOTICE: All Bidders and other persons attending this sale ("Bidders") agree that they have read and have full knowledge of these terms and agree to be bound hereby. ![]()
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