![]() ![]() ![]() Auctioneer shall not be responsible for Lots not removed within the time allowed, but Auctioneer shall have the option to remove and store at the expense and risk of the successful Bidder any article purchased, but not paid for and removed within the time required.ĥ. ![]() Purchases will be released only on presentation of paid invoice. All goods are sold “Where Is.” Removal shall be at the expense, risk, and liability of the successful Bidder. No Lot can, on any account, be removed during the sale. REMOVAL - All purchases must be removed not later than the date specified in the Auction Catalogue and/or announced at the sale. The Bidder shall nonetheless remain liable for any damages caused by the Bidder’s failure to pay.Ĥ. ![]() In the absence of payment or agreement by the auctioneer, title to the Lot shall not transfer to the successful Bidder and such Bidder will lose any right, title or interest such Bidder may have acquired, and the deposit paid, if any, without further notice to such Bidder. Any other arrangements must be made with auctioneer prior to bidding. All invoices must be paid in full by the close of business on the last day of the auction sale and prior to removing any Lot. TIME OF PAYMENT - Each successful Bidder shall receive an invoice during or at the conclusion of the auction. In default of such deposit, the Lot may be put up again immediately and resold.ģ. DEPOSIT - Each successful Bidder will be required to make a deposit in cash or by bank cashier’s or certified check of 25 percent (25%) of the successful bid on each Lot at time of knockdown. IDENTIFICATION - All Bidders are required to give full name and addresses at time of registration.Ģ. The term “Auctioneer” herein means Cincinnati Industrial Auctioneers, Inc.ġ. All determinations, rulings, and adjustments made by the Auctioneer in good faith shall be final, binding, and conclusive upon all Bidders. The Bidder identified by the Auctioneer as the high bidder or successful bidder at auction (“successful Bidder”) shall have entered into a legally binding contract to purchase the item bid upon (“Lot”) at the price and subject to the terms and conditions set forth herein. NOTICE: All Bidders and other persons attending this sale ("Bidders") agree that they have read and have full knowledge of these terms and agree to be bound hereby. ![]()
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