PERSONAL PROPERTY TERMS FOR ONSITE BIDDING PLEASE DO NOT BID UNTIL YOU HAVE READ THESE TERMS AND CONDITIONS OF SALE. Everything sells 'AS IS' with no warranties given or implied. When the condition of an item is described, it is based on information provided to us by the seller, but is not taken as an implied warranty. The catalog is provided as a convenience and each item of merchandise or personal property is often referred to as at 'lot'. Please inspect each lot of personal property and merchandise prior to bidding. The auction company makes every effort to describe assets to the best of its ability but there are no guarantees as to the condition, quantity, quality, condition, age, color or value of lots sold in the auction. EVERYTHING SELLS STRICTLY 'AS IS'. Onsite buyers must remove all purchases of lots from the premises day of sale. If there are other check out times please see the auction manager for details. If you do not remove purchases at the stated times you will forfeit your purchases back to the seller. Online buyers must remove items from premises day of sale also. ***No shipping for online purchases.*** The auctioneer has the sole discretion to determine the highest bidder for any and all lots. The auctioneer reserves the right to start the bids on all lots. The auctioneer reserves the right to bid to the reserve amount, if any. No claims can be made after the auction and no refunds will be given. All sales are final. The auctioneer has the right to lump or group several lots together if it is in the best interest of the seller. The records of the bookkeeper are final in case of a disagreement over the bid price for any lots. Terms of Payment are cash only. Check's may be accepted by the auction company when backed by a IRREVOCABLE bank letter of guarantee stating the amount to be covered by the check. SEE SAMPLE BANK LETTER ATTACHED. If a buyer fails to pay in full for their purchases, the account will be turned over to a collections agency. The auction company may HOLD LOTS NOT PAID FOR IN FULL OR NOT PAID WITH FUNDS AS STATED ABOVE. Buyers are responsible for any state for federal taxes dues. A Buyers Premium of 10% (18% premium online see terms below) is added to the last and highest bid to determine the purchase price. Uniform Commercial Code: Section 2-328 of the UCC provides federal law regarding a sale by auction. The code reads that a sale by auction is complete when the auctioneer so announces by the fall of hammer or in other customary manner. A bid is a legal binding contract between the bidder and auctioneer. Reopening a bid is at the sole discretion of the auctioneer. Failure to complete a payment in good faith, stopping payment on checks or refusing to pay for goods purchased at the auction may result in legal action against the buyer and may result in the collection being turned over to a collection agency. Qualified Bidders: Auctioneer reserves the right to refuse to register any prospective bidder for any reason, or to require a cash deposit from a prospective bidder of an amount designated by Auctioneer and paid in advance by the prospective bidder to Auctioneer. Such deposit will be applied to any purchases made at the auction by the prospective bidder. At the end of the auction, Auctioneer will refund any portion of this deposit that has not been applied to purchases. Furthermore, Auctioneer will require the removal of any person from the auction site for any reason including, buy not limited to: (1) tampering with auction lots; (2) any illegal conduct including collusive bidding or stealing; (3) disruptive behavior; (4) failure to abide by these terms; and (5) intoxication. Bidder agrees to leave the auction site immediately and quietly upon request by Auctioneer. Any act of theft, vandalism or disruption will be prosecuted to the fullest extent of the laws. DISPUTES: Any disputes that arise between the auction company, the seller, the seller's agents and the buyer will be dealt with by arbitration in Surry County, North Carolina. DISCLAIMER: The auction company provides data, advertising, maps, that is believed to be correct but it is not guaranteed. Bidder's should rely on their own inspections and due diligence prior to bidding. Everything sells strictly AS IS. The auction company makes every effort to describe assets to the best of its ability but there are no guarantees as to the condition, quantity, condition, age, color, or value of the lots, personal property, merchandise or real property sold. Buyer agrees that buyer may not cancel purchase for any reason. ONLINE ONLY BIDDING TERMS PLEASE DO NOT BID UNTIL YOU HAVE READ THESE TERMS AND CONDITIONS OF SALE. You must register in advance by choosing the auction you wish to participate in. YOU ARE ENCOURAGED TO REGISTER AT LEAST 12 HOURS PRIOR TO THE AUCTION. Click on Register to Bid. This takes you to another screen. Click on the view bids button. NOTICE: The auction company may refuse to register anyone at its sole discretion. The auction company provides online bidding as a convenience for those that can not attend. The auction company will not be liable for any faulty equipment, failure of equipment, faulty software, failure of software, lack of internet service connections or signals, or failure for any online bids that are not relayed on time to the auction company. FAILURE TO PAY ACCORDING TO TERMS AND CONDITIONS: The auction company reserves the right to reclaim and resale any assets not paid for by the online buyer. Should the resale price be lower than the defaulted buyer's price, Auction Company reserves the right to seek the difference from the initial online buyer. All fees for collection, court fees, or attorney fees will be the responsibility of the original buyer that caused the default. All sales are final. No refunds are given. Everything sells strictly 'AS IS'. The auction company makes every effort to describe assets to the best of its ability but there are no guarantees as to the condition, quantity, condition, age, color, or value of the merchandise sold online. Buyer agrees that buyer may not return any asset for any reason. ONLINE BIDDING FOR PERSONAL PROPERTY & MERCHANDISE: You must pre-register with a credit card. Buyer's can pay by Visa, Mastercard or wire transfer by making arrangements prior to the auction. 18% BUYER'S PREMIUM. NO SHIPPING! ONLINE PURCHASES MUST BE PICKED UP BY JULY 8th, 2013. TECHNICAL PROBLEMS: The auction company provides online bidding as a convenience for those that cannot attend the live auction. The auction company will not be liable for any faulty equipment, failure of equipment, faulty software, failure of software, lack of internet service connections or signals, or failure for any online bids that are not relayed on time to the auction company. The auction company reserves the right to extend bidding, delay bidding, continue with live bidding, or cancel bidding, without any notice to online bidders. DEFAULT OR DELAY: If the buyer delays closing for any reason the buyer may be declared in breach of contract and will forfeit all deposits made. The buyer may be responsible for all cost to the seller or the auction company for subsequent resale. The auction company reserves the right to reclaim and resale any assets not paid for by the online buyer. Should the resale price be lower than the defaulted buyer's price, Seller and/or Auction Company reserves the right to seek the difference from the initial online buyer. All fees for collection, court fees, or attorney fees will be the responsibility of the original buyer that caused the default. All sales are final. No refunds are given. AUCTION END TIMES: The online bidding is consecutive with onsite bidding. DISPUTES: Any disputes that arise between the auction company, the seller, the seller's agents and the buyer will be dealt with by arbitration in Surry County, North Carolina. DISCLAIMER: The auction company provides data, advertising, maps, that is believed to be correct but it is not guaranteed. Bidder's should rely on their own inspections and due diligence prior to bidding. Everything sells strictly AS IS. The auction company makes every effort to describe assets to the best of its ability but there are no guarantees as to the condition, quantity, condition, age, color, or value of the merchandise or real property sold online. Buyer agrees that buyer may not cancel purchase for any reason. Announcements day of sale take precedence over all written materials. Once you register you are agreeing to abide by terms and conditions!!!