Auction Terms & Conditions AUCTION TERMS & CONDITIONS
Registration: All information provided by bidder during the registration process must be current, complete and accurate. Bidders must be 18 years of age or older. North West Asset Service (NWAS) at its sole discretion may deny registration to any person or entity.
Items and lots are sold as is where is with all faults: Bidder acknowledges that all items and lots were made available for inspection prior to the auction and, by these terms NWAS and Owner/Seller strongly encouraged Bidder to carefully inspect each item or lot to determine the nature, quality, condition, quantity and size of the item or lot. We do not test all items nor do we guarantee them for completeness.
Buyer's premium: Unless a specific auction states otherwise, a 15% buyer's premium will be charged on all items and lots. Every bidder pays the same buyer's premium and should bid accordingly. For example, if you bid $100.00 on an item at the auction you will be charged $115.00 for the item on your auction invoice.
Suspension/Permanent ban: A bidder will be suspended or permanently banned from the NWAS site or future auctions for providing false or fraudulent information when registering. A bidder will be permantently banned from NWAS for failing to honor an auction bid made under that bidder's bid number.
Payment: Buyer will receive an invoice via electronic mail within 24 hours after the close of the auction. Payments are then processed using the credit card you registered with. If you dont wish to pay with credit card contact Robert Beal for payment when you register. Payment is still expected 48 hours after auction close. Credit and debit cards are processed through Currency Pay using a link in your billing invoice. If you are paying in cash please bring exact amount as we do not have change. Any item or lot not paid for in full by the stated deadline will resort to suspension or permanent ban of bidder number. Ownership of your items will revert to Owner/Seller who may re-sell or dispose of items at Sellers descretion.
Removal: The date by which all merchandise must be removed from the premises is posted on an auction - by - auction basis. There are no exceptions to removal deadlines. Bidders who fail to pick up purchases by removal deadline will incur storage fees in the amount of $10.00 per day per item plus any costs incurred removing item to storage facility. After 10 days from deadline items will be considered abandoned. NWAS may dispose of item how they see fit. Any funds paid will be forfeited for failure to abide by the terms of the sale.
Adjustments: No adjustment will be made with regard to merchandise inventory after the item or lot has been removed from the sale premises, or after the removal deadline whether or not the property has been removed. NWAS reserves the right, for any reason, in its sole discretion, to terminate, change or suspend any aspect of the auction sale.
Termination of Agreement: This site user agreement constitutes a binding agreement between Bidder and NWAS until terminated by NWAS. NWAS may terminate this agreement at any time, without notice. If Bidder dissatisfaction occurs with the auction sale in any way, Bidder's only recourse it to immediately discontinue use of the auction site. NWAS reserves the right to terminate Bidder registration and use of the auction site, without notice or penalty.
Interruption of Service: NWAS cannot, and will not, be held responsible for any nterruption in service. Bidder acknowledges that this auction is conducted electronically and relies on hardware and sofware that may malfunction without warning. NWAS, in its sole discretion, may void any sale, and re-sell any items or lots that were affected by any malfunction.
Privacy: NWAS gathers information about Bidders and Owners/Sellers for the purpose of conducting online auctions. NWAS does not sell or rent this information. NWAS uses electronic mail mailing lists to notify its customers about upcoming auction events.
Your Bid is a Legal Contract: As a bidder, placing a bid is a binding contract between you and the Owner/Seller and the bid cannot be retracted. Once you place a bid, and if you win, you will be obligated to buy the product at the said price you indicated as your bid. Placing a bid on this site, and winning then not paying for the prodict is illegal in most states, and prosecution can result. The Owners/Sellers of property sold through this site reserve the right to reject any and all bids, in their sole discretion.