Auction Terms & Conditions

The following terms are believed to be standard in the auction industry. Terms of sale for each individual auction will vary and the documents signed by the successful bidder at any auction shall supercede and take precedence over all other information including, but not limited to, the terms stated below.

1. All prospective Buyers are required to register in order to Bid and to obtain a Bid Number.
2. The Property Auction sale is not contingent on the Buyer obtaining financing, nor conditional upon inspection.
3. If you are a successful bidder, a non-refundable deposit in the amount specified for the applicable sale will be due and payable at the conclusion of the Auction in the form of certified check, money order, or bank draft. At the end of the Auction, the successful Bidder will immediately enter into a Real Estate Purchase Contract, and be bound to the Terms & Conditions as set forth in the Purchase Contract. Bidders who subsequently fail to close the sale for any and all reasons will be required to release their entire deposit to the Seller.
4. All Property(s) is being sold "AS IS" condition. Bidders are encouraged to review all Property details, zoning restrictions, compliance certificate, inspection reports, and any other information prior to attending the Auction.
5. All sales are final.
6. The Auction sale will be held at the Property location at the appointed date and time, unless a condition prevents such a sale to take place, in which case the Auctioneer will make a decision on where and when.
7. Descriptions made by the Auction Company are made as accurately as possible in its website and advertisements, and are provided for information purposes only and should be verified by the Bidder. The Auction Company, the Designated Brokers, Seller or their Agents cannot be held liable for any errors or omissions whatsoever.
8. The Auction Company reserves the right to deny any person admittance to, or expel any person from the Auction premises, or to withdraw any or all Property(s), or to change the Terms & Conditions, or to reopen bidding on the Property, or may designate one of the Bidders as the successful Bidder, at any time prior to or during the course of the Auction, without just cause.
9. Bidders acknowledge that they are on the Sale site at their own risk. No person shall have any claims against the Auction Company, its staff and representatives, including its Agents for any injuries sustained or for any damages to or loss of property which may occur.
10. In the case of dispute, the Auctioneer's decision shall be final.