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  1. These terms control this auction in all regards and supersede all previous announcements, advertisements, and published information, however distributed, except for any announcement made by Auctioneer at the auction, which will take precedence and be controlling in all instances.

 

  1. Auctioneer has been hired by Seller to act as Seller’s agent in conducting the auction, and Auctioneer is not serving as an agent for the Bidder or any Buyer.

 

  1. Auctioneer reserves the right to withdraw any lot, or portion of a lot, from the auction, or to cancel the entire auction without notice or liability to Auctioneer or Seller.

 

  1. Each lot will be sold AS IS; WHERE IS with all defects and faults, and no warranties or guarantees of any kind will be given by Seller or Auctioneer, including no warranty of fitness, merchantability, or suitability. Bidders should carefully inspect each lot to determine condition and contents. Bidder acknowledges that all lots were available for inspection prior to the auction and that they relied solely on their own inspection of the lots and not on any information listed in the catalog or otherwise provided by Auctioneer, the auction staff, or Seller.

 

  1. A Buyer’s Premium will be added to the high bid for each lot sold to establish the final selling price.  The Buyer’s Premium will be between 2.5% and 10% depending on the selling price of each lot.  The Buyer’s Premium will be retained by RJ’s Auction Service to help offset the cost of conducting the auction.  Please see Buyer’s Premium chart posted on our website and at the auction facility, or please ask for a copy.

 

  1. ALL SALES ARE FINAL WITH NO REFUNDS FOR ANY REASON.

 

  1. The highest bidder for a lot recognized by Auctioneer will be the Buyer, subject to the satisfaction of any reserve amount for that lot. A lot is sold when the Auctioneer indicates it in customary manner. Bidder agrees without exception that if he is the highest bidder for a lot and it is sold to him, an enforceable contract of sale is immediately formed. No further writing of any kind will be required from him to satisfy any decision, principle, rule, statute, or other requirement in law or equity.

 

  1. Should a dispute arise between two or more bidders, the decision of Auctioneer will be final. Bidders are encouraged to make bids clearly visible to Auctioneer to avoid being missed.  Auctioneer may determine minimum acceptable increments to advance the bidding.

 

  1. Ownership, possession, and the risk of loss from any cause pass immediately to Buyer when Auctioneer announces the sale of a lot. Buyers are solely responsible for their purchases, and Seller and Auctioneer will have no responsibility for lost, stolen, or damaged lots.

 

  1. Persons attending the auction understand that the auction and site may pose both obvious and hidden dangers, defects, and other perils, and each person assumes the risk of all injury, loss, and/or death from any cause whatsoever, and Auctioneer and Seller will have no liability whatsoever. Bidder agrees to indemnify Auctioneer and Seller and to hold them harmless for any injury, death, or other damage to person or property at the auction site, which was caused by Bidder.

 

  1. Auctioneer will have no responsibility for any loss or damage resulting from Auctioneer’s staff carrying, handling, or loading any item(s) for any person. All purchases must be removed not later than the close of business on the first Tuesday following the auction. Items not removed by deadline will be subject to storage and/or disposal fees.  See page 5 of this packet for more information.

 

  1. Persons attending the auction understand the auction staff may at times bid on items on their own behalf.

 

  1. Auctions will be recorded. In case a dispute arises the recording will be used to settle the dispute.

 

  1. Persons attending the auction understand and give their permission that they may be videotaped or photographed and photo used for security and / or advertising proposes.

 

  1. If there is anything relevant to these “Terms and Conditions” of auction that you do not understand, please ask Auctioneer or a member of Auctioneer’s staff to assist you. We want your auction experience to be an informed and positive one.

 

  1. Registering to bid or attending the auction indicates full understanding and acceptance of these terms, along with the agreement to be so bound.