Auction Registration
Furrow Auction Company
August 04 2007,
The Great Smoky Mountain Fall Auction
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Fee Statement, Terms and Conditions
Fee Statement
There is a 2.5% Internet Purchase Fee charged on all online purchases. Furrow Auction Company charges ALL Buyers a 10% Buyers Premium on Items Selling for $2,500 or Less and 5% on items selling above $2,500.
Terms and Conditions
All Internet Buyers must provide a Bank Letter of Guarantee. All Letters must be faxed to 1.908.842.0427. The Letter must be as follows: “Mr. (Customer Name) is a customer in good standing at our bank. We will guarantee the payment of checks on his account (account number) up to (specify amount) dollars for purchase at your auction in (Auction Location) on (Auction Date). We hereby agree that no stop payment will be issued in conjunction with this letter.” A)All property is sold “AS IS”, and ALL SALES ARE FINAL. Property is open to thorough public inspection. It is the Bidder’s responsibility to determine condition, age, genuineness, value or any other determinative factor. Furrow Auction Company may attempt to describe the merchandise in advertising, on the internet and at the auction but makes no representations. In no event shall Furrow Auction Company be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Bidder shall be the sole judge of value. B)Bidders who bid from off site and are not present at the live auction or preview understand and acknowledge that they may not be able to inspect an item as well as if they examined it in person. It is the Bidder’s responsibility to determine condition, age, genuineness, value or any other determinative factor. Furrow Auction Company shall endeavor to describe in detail each item and any pertinent information about it. C)Furrow Auction Company will not be responsible for any errors or omissions in the description of the merchandise unless it is a material and intentional misrepresentation of the item itself. Bidder agrees that everything is sold as is and that they may not return any item they purchase. D)Furrow Auction Company is providing internet pre-auction and live bidding as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall Bidder have any kind of claim against Furrow Auction Company or anyone else if the internet service fails to work correctly before or during the live auction. Furrow Auction Company will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bid is acknowledged should use the proxy-bidding feature and leave their maximum bid 24 hours before the auction begins. Furrow Auction Company reserves the right to withdraw or re-catalog items in this auction. 1)There is a 2.5% Internet Purchase Fee charged on all online purchases. Furrow Auction Company charges ALL Buyers a 10% Buyers Premium on Items Selling for $2,500 or Less and 5% on items selling above $2,500. 2)Applicable State of TN Sales Tax will be charged on all Lots. Bidders from outside the State of TN will be exempt from Sales Tax if they provide proof an approved tax exemption status form and exception certificates that are acceptable to the State of TN. 3)Payment in full must be made by August 4, 2007 in the form Cash, Wire Transfer, Cashiers Check or a Company Check accompanied with a bank letter of guarantee. 4)All purchases must be removed from the premises by August 9, 2007. 5)Bidders are to be held personally liable for any bids made with their Bidding Number. 6)The highest bidder for each Lot shall be the Purchaser, and in the event of any dispute the Auctioneers shall have absolute discretion either to settle such dispute or to re-offer the lot for re-sale. 7)The Auctioneer and Equipmentfacts.com accepts no liability for loss or damage howsoever arising (including but not limited to costs of attendance of Bidders at the Auction) from any Lots not presented for sale. 8)The Auctioneer and Equipmentfacts.com has described the Lot(s) in the catalogue to the best of their ability and belief from information furnished by the Vendor(s) who shall be alone responsible for any error or miss-statement, which there may be. The Auctioneer and Equipmentfacts.com undertake no liability whatever in respect of any faults, deficiencies and errors of any description, oral or printed, nor do they accept responsibility for the authenticity, genuineness, origin, age, condition or quality of any Lot(s) and all statements as to these matters whether contained in the catalogue or made orally are statements of opinion only and not to be taken as being or implying a statement or representation of fact 9)Each and every Lot is sold as seen. The Auctioneer and Equipmentfacts.com provides no guarantees or warranties (express or implied) in respect of the Equipment contained in the Lot. All representations made by the Auctioneer and Equipmentfacts.com, its servants or agents are to be considered lay opinions only and the Auctioneer and Equipmentfacts.com accepts no liability for any purchase made by a Buyer in reliance upon them. 10)The Buyer agrees to insure the Equipment purchased against all losses from the Auction Date until removal of the Equipment by the Buyer. 11)The Buyer acknowledges he/she has read and agrees to be bound by the additional terms and conditions set forth.
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I accept the Terms and Conditions
