Flammable, noxious, corrosive and pressurized substances are present, heavy equipment is being operated and electric circuits may be live. The Bidder acknowledges that an auction site is a potentially dangerous place.
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In the event of Non-payment, the Auctioneers may proceed to file the Bidder Registration Agreement as a Financing statement to protect the security interest granted by this Security Agreement including applicable fees. The Bidder grants to the Auctioneers a Security interest in the Purchases, to secure payment of the purchased price. The terms shall be governed by and interpreted under the laws of, and any action hereunder against Auctioneers shall be commenced in, the Province and Country in which the auction occurs. Post sale inspection will be at a cost of $135 + GST to be paid by the purchaser.
For a vehicle to be eligible for arbitration, a post sale inspection must be conducted prior to leaving the auction site by a third party mechanic within 1 week following the auction date Any vehicle with a declaration made in regards to Engines / Transmissions / Transfer Cases are not eligible for arbitration (including check engine lights) Arbitration is limited to Engines, Transmissions & Transfer Cases Only Any vehicle sold "Unreserved - AS IS" is not eligible for any arbitration.
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Payment in full is due 2 business days following the auctionĪll purchase prices plus administration fees are subject to 5% GST not to be bidding on lots or purchasing any lot on behalf of any Consignor of items in the auction sale.īank Draft, Certified Cheque, Wire Transfer, E-Transfer, Cash, Direct Deposit.Ĭredit Cards (MC & Visa) up to a max of $1000 for total invoice. to be responsible for the payment of the purchase price and taxes plus applicable fees due on all Bidder’s Purchases to indemnify save harmless Auctioneers and its consignors (“Consignors”) from any and all actions, causes of action, suits, damages, costs and losses of any nature, arising from the attendance or participation of Bidder, his agents or employees, at the auction sale and/or on the auction site whether before, during or after the auction sale The Bidder, whether acting as principal, agent, officer or director of a company or otherwise, in any capacity whatsoever, and the company he represents, both jointly and severally agree:
If items are purchased and not paid in full, the deposit will be non-refundable. If no purchases are made, the deposit will be released within 2 business days. All Bidders will be required to enter a credit card for a $1000 pre-authorization deposit.
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