THIS IS AN INTERNET ONLY
AUCTION. Auction closing date: Tuesday, June 21st at 2:00 PM Pacific Time. The
bidding closes the first item at 2:00 PM Pacific Time. Auction location is 44865
3rd Street East, Lancaster, CA 93535.
INSPECTION: Tuesday, June 21st from 7am - 2pm.
REMOVAL: Wednesday & Thursday, June 22nd
& 23rd, from 9am - 4pm.
A $100 registration deposit by Visa/MC is required prior to
bidding and will be authorized on your credit card. The 100.00 is authorized
only not charged and your auction purchases are a separate transaction if you
do not make any purchases you will have no charges against your account.
This is an ONLINE ONLY AUCTION PLEASE DO NOT BID IF YOU ARE NOT
ABLE TO PICK UP YOUR ITEMS during the scheduled removal times. NO refunds or
chargeback's will be granted due to a lack of removal at the designated times.
After the scheduled removal, items will be considered to be abandoned and you
will be charged a removal fee for dispose of your items.
BUYERS PREMIUM: A 13% buyer's premium will be added to each
purchase. If you bid $100.00 at check-out you will be charged $113.00.
PAYMENT: Accepted forms of payment include Visa or MasterCard. You
must have available balance on your credit card for your online purchases. At
the conclusion of the auction your credit card on file will be automatically
charged for the entire amount of your purchases. Bidders who have 2 failed attempts
to process their charges will have their bidding account suspended and will be
required to have a $1000.00 cash deposit held in escrow for 1 year in order to
reactivate their account. Increasing your own bid/Bidding Errors: please be
aware that many bidders routinely increase their own bid to price an item out
of reach of other bidders. You should immediately review your bids once
submitted. If you mistakenly increase your own bid, place your bidder number in
the bid field, or make a typo you must immediately contact our office by email
use the contact sheet on our website (we must have your request in writing). We
will not reverse bids after the auction has closed no exceptions.
Staggered Closing: The online auction closes several items per
minute This feature will close the bidding on intervals. This feature works
great with the auto-extend feature to closely emulate a 'live' auction. Dynamic
Closing. The closing time of an asset is automatically extended an additional 4
minutes whenever a bid is placed within the last 4 minutes of the asset's
closing time.
Bid Notification: If you have been outbid you will be notified by
email ONLY UNTIL the last day of the auction --- starting at midnight EST the
night before the ending of the auction notices are not sent. To quickly review
your bids and see if you have won you can utilize the 'review bids' feature.
Items that have been outbid-on will be clearly marked. Winning Bidder
Notification: You will be contacted by email ONLY (you are responsible for
checking your email) If you feel you have won an item and have not received an
email you must notify us by email no later than 9am the next day. If you do not
receive a paid email invoice then you did not win any items at the online
auction. In the event an item is not available for pickup, the buyer must,
notify our onsite staff and file a claim by replying to your original emailed
invoice noting what was not available within 24 hours of the pickup date. After
24 hours, the Auctioneer and buyer agrees that no adjustment or refund will be
made.
SALES TAX: Sales tax will be collected. If you are buying for
resale, please notify us and send in a signed resale form prior to the auction
closing. IMPORTANT: TAX EXEMPT STATUS YOU MUST FAX A TAX FORM FOR
EVERY SALE WITH YOUR BIDDER NUMBER AND SALE CLOSING DATE CLEARLY NOTED. THE FORMS
ARE NOT KEPT ON FILE If you are tax exempt, prior to the conclusion of the
online auction you must fax a copy of the appropriate states tax exempt form to
805 845-3808. You must include your bidder number and the closing date of the
auction. Forms without this information will not be accepted and you will have
to apply to the state for a refund.
CAUTION: For demonstration purposes various equipment may be
joined. Do not assume a lot consists of more than one item simply because they
are connected or pictured together. Please inspect the lot numbers and read the
descriptions. Catalog Inaccuracies: You are bidding on the described item, not
the photo. If photo does not match item, please notify us and bid on the description.
WARRANTY & CONDITION OF ITEMS SOLD: All items are sold
"AS IS, WHERE IS, with NO WARRANTY expressed or implied by the lot number
affixed to the item. This sale is to the business community as
"equipment" & "inventory" without any implied or
expressed warranty. Descriptions are believed to be accurate but not
guaranteed. When you are not certain of the condition or use of an item please
bid accordingly. You are bidding on the description. Bidders are responsible
for their own removal. Any item NOT picked up by the set time will be considered
abandoned. Removal shall be at the expense, liability, and risk of the
purchaser. Purchases will be released upon presentation of a paid email
receipt. Please insure that movers or anyone picking up items on your behalf
have your paid receipt at the pickup location no items will be released with a
paid email receipt. Bidder further agrees to be held personally responsible for
all purchases made on their bidder number and agrees that bidder will not
charge back items which are not picked up during the published removal times.
Damage: Any damage caused by a buyer during the preview, or during the period
of removal must be made good by the buyer causing the damage. Buyer agrees that
the credit card on file will be charged for any expenses and/or repairs to the
pick up location or property of another buyer.
IMPORTANT! The Auctioneer will have the option of reselling,
removing, storing or abandoning, at the expense and risk of the purchase, items
not paid for and/or removed within the specific time. The buyer agrees to pay
all deficiencies, legal, collection; transportation and storage expenses
associated with delinquent accounts or abandoned items.
CHOOSE WISELY: We want everyone to get a good deal and most will.
However, when you bid on the wrong item or decide an item is not suited for
your intended use, our clients are not willing to assume the cost of your
mistakes. When in doubt about condition, completeness or suitability for
intended use, please bid accordingly. The auctioneer reserves the right to add
or remove items form the auction, split or combine lots, add minimum bids or
reserve prices, cancel, suspend, extend or reschedule an individual item and or
auction event, make changes to the auction closing times or inspection or
removal times. The owner reserves the right to bid.
Any controversy or claim arising out of or relating to this
contract and/or agreement, or breach thereof, shall be settled by Either Small
claims Court, State Court or arbitration in accordance with the Commercial
Arbitration Rules of the American Arbitration Association, and judgments upon
the award rendered by the arbitrator(s) may be entered in any court having
jurisdiction thereof. Venue will be Los Angeles County, California.
In the event of a bidder default and /or chargeback bidder agrees
that Spear may collect payment for items to be relocated, discarded or stored.
Either by arbitration small claims court or state court at Spear's discretion,
and that any judgments awarded may be applied to the bidder personally or corporately.
Liability: Auctioneers and Sellers liability shall be limited to
the refund of bidders purchase price.
LIMITATIONS: The above-stated Conditions of Sale cannot be altered
except in writing by The Auctioneer