🔹 Full Terms & Conditions
1. TERMS & CONDITIONS OF SALE
The following conditions of sale make up the entire terms and conditions by which items listed by Michael Hoffman, Auctioneer will be sold. All bidders who participate by bidding in this auction agree to the terms and conditions of sale and are bound by same. Any notices, posted or oral, during the sale, are also part of our terms and conditions of sale agreement. Acceptance of a bidder card, bidder number, or online registration constitutes acceptance of these terms and conditions. THE AUCTIONEER IS NOT RESPONSIBLE FOR ANY ERRORS OF THE PURCHASER INCLUDING, BUT NOT LIMITED TO, THE PURCHASER BIDDING ON THE WRONG LOT.
2. BUYER’S PREMIUM
All bid prices (“hammer prices”) will be subject to a 10% buyer’s premium payable by the purchaser. This premium is added to the successful bid amount and equals the total sales price. For example, a $100 bid will result in a $110 total charge. The 10% buyer’s premium applies regardless of payment method.
3. METHOD OF PAYMENT
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Titled vehicles must be paid by cash or wire transfer only.
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Invoices of $1,500 and above must be paid by cash or wire transfer.
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Invoices under $1,500 may be paid with Visa, Mastercard, cash, or wire transfer.
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Your credit card on file may be automatically charged at the conclusion of the auction or the following day unless otherwise noted above.
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All items are sold “As Is” with no guarantees or warranties.
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All sales are final. No refunds or exchanges.
4. TERMS OF PAYMENT & TRANSFER OF TITLE
All sales are final upon the closing of the lot. The purchaser assumes full responsibility at the fall of the hammer and agrees to pay the total amount due within three (3) calendar days. Title to goods does not transfer to the buyer until all amounts due, including shipping, are paid in full.
5. NON-PAYMENT
If payment in full is not received within three (3) days, the Auctioneer may:
(a) Impose a late fee of 1.5% per 30 days
(b) Hold the buyer liable and seek recovery through legal means
(c) Cancel the sale and/or resell the item(s)
(d) Retain a security interest in any property held
(e) Block the buyer from future auctions
(f) Pursue any other remedies allowed by law
(g) In the event of resale, if the property brings a lower price than the original high bid, the defaulting bidder agrees to be liable for and charged the difference between their original bid price and the resale price, along with any additional costs incurred by the Auctioneer or Seller in conducting the resale.
6. WITHDRAWAL
The Auctioneer reserves the right to withdraw any property from the auction at any time before its completion.
7. DISPUTES AND AUCTIONEER AUTHORITY
The Auctioneer may reject any bid and will determine the winning bidder. The Auctioneer’s decisions are final in all disputes, including the decision to re-offer and resell items.
8. FAILURE TO DELIVER PROPERTY
If delivery is prevented by theft, fire, or other causes, liability is limited to the amount actually paid by the purchaser. No consequential damages will be paid.
9. CATALOG & DESCRIPTIONS
All descriptions are opinion only. Sizes, weights, and details are approximate. Buyer is responsible for reviewing photos and details before bidding. No guarantee of condition, authenticity, or completeness is provided.
10. BUYER’S RESPONSIBILITY
You are responsible for ensuring your own satisfaction with any item you bid on. Failure to inspect does not relieve you of responsibility. When in doubt — do not bid.
11. GUARANTEE
All property is sold As-Is, Where-Is. All sales are final. No refunds or exchanges will be given for any reason. No guarantees are made regarding condition, authenticity, or fitness for purpose.
12. ABSENTEE BIDDING
Absentee bids may be accepted but are not guaranteed. No agency relationship is established. All absentee bids are executed competitively as if the bidder were present.
13. RESERVES
Some lots may carry a reserve. The Auctioneer may bid on behalf of the seller up to the reserve price.
14. TELEPHONE BIDDING
Not available for this auction.
15. SHIPPING
Shipping is not offered for this auction. Do not bid if you cannot pick up in person during the posted times. Items not picked up will be considered abandoned unless prior arrangements are made.
15A. SHIPPING LIABILITY
If shipping is offered on select items, all shipments will be packed to the best of our ability and insured for the invoice amount. Buyers requesting additional insurance must notify the Auctioneer prior to packaging. Once items leave the auction facility, the Auctioneer and Seller are not responsible for damage, loss, or delays in transit. Shipping charges are non-refundable.
16. STAGGERED/GROUP/DYNAMIC CLOSING
Lots will begin closing at the time stated in the auction listing. If any lot receives a bid within the last 5 minutes, it will extend by 5 minutes until no further bids are placed.
17. AUCTIONEER’S DISCRETION ON BIDS
The Auctioneer may accept bids in any increment and reserves the right to recognize any bidder in their sole discretion, including resolving tied bids.
18. TECHNOLOGY ISSUES
If a system error or outage occurs, the Auctioneer may reopen the affected lots or extend the entire auction. If no errors occur, "closed" means "sold."
Neither the Auctioneer, Seller, Marknet Alliance, nor the company providing the bidding software shall be held responsible for missed bids, outbid notifications, delays in email or text communications, or any failure of the online bidding platform to function properly. By registering and bidding, bidders acknowledge that internet connections may vary and accept the risk of missed or delayed bids due to connectivity issues.
19. DISPUTES UNDER THIS CONTRACT
Buyer and Auctioneer agree to mediation first, and if unresolved, to binding arbitration in Fairfield County, Ohio, using AAA standards.
20. LIMITATION OF LIABILITY
Auctioneer and Seller make no warranties of any kind. Buyer waives any claims for consequential or incidental damages.
21. LOAD OUT
No loading assistance is provided. Buyers must bring their own help and equipment. Items left after the pickup window may be forfeited unless prior arrangements are made.
22. CAUTION
Do not assume multiple items are included in a lot because they appear in one photo. Read lot descriptions carefully.
23. CATALOG DISCREPANCIES
Descriptions govern over images. Images may not always show accurate color or quantity. Rely on the written description.
24. CHOOSE WISELY
All sales are final. No refunds if you buy the wrong item or change your mind. Please bid accordingly.
25. ABANDONED LOTS
Items not paid for or picked up within 30 days will be considered abandoned and disposed of. No refunds will be issued. Disposal fees may apply.
26. ADDITIONAL TERMS
Auctioneer may add or remove items, split/combine lots, impose reserves, or change auction timing at any point.
27. REGISTRATION & CONSENT
By registering to bid, you agree to be bound by all posted Terms & Conditions of the auction. Registration also adds you to our bidder email list for updates and auction notifications (unsubscribe anytime).
