Auction Terms & Conditions Mr Bid Auctions, LLC retains the right to govern goods and services sold to clients and to maintain the level and integrity of our business. Mr Bid Auctions, LLC has the right to terminate the auction at any time; withdrawal from sale of any item; to sell at this auction items not listed; to group one of more lots into one or more selling lots or to subdivide into two lots or more selling lots. The auction company also reserves the right to sell all of the items listed in bulk.
Items are not considered sold until certified, which in our case is invoiced, and our holding is in keeping with the main purpose of the auction sale, which is to obtain the best financial returns for the owner of the property being sold.
Payment: a) All payments will be required to be paid for with the credit card on file after auction is complete. b) Sales tax will be charged and collected on all purchases, as required by appropriate state/local laws. If you are sales tax exempt, you will need to provide to us the correct form. ST-105.
Buyer's Premium is 18% Online. d) Buyer specifically waves the right to dispute or deny payment for any purchases made with a credit card. e) No items will be removed until they have been paid for. Purchaser is responsible for removal of all purchased goods. No abandonment of purchased items is allowed. All abandoned items will be sold for storage and moving fees. f) At live auctions the Purchases may be paid for and removed at any time during the auction as long as the auction is not disrupted by this activity.
Declined Cards will be charged an additional processing fee of $5.00. Additionally, payment is expected immediately following the online auction. If your credit card declines and you fail to respond to the email and phone call from Mr Bid Auctions within 1 hour, your bids may be deleted from the system and the items sold to another party.
Loading Equipment: a) Mr Bid Auctions, LLC does not lend, lease, or borrow any equipment, nor deliver sold goods. Buyer is responsible for their own removal of all items. Please bring any packing material and boxes that you may need and assistance to move heavy items to your vehicle and any tools for dismantling.
No Liability: a) Mr Bid Auctions, LLC assumes no liability for your purchases. The buyer assumes and does agree to indemnify and hold the auction company and seller harmless from any future claim that shall pertain to fitness or use of the asset being purchased. b) Persons attending during exhibition, sale or removal of goods assume all risks of damage or loss to person and property and specifically release and indemnify the Auction Company from liability therefore. Neither the Auction Company nor his principal or seller shall be liable by reason of any defect in or condition of the premises in which the sale is held.
Consignors & Bidders: a) All consignors must fill out a contract with Mr Bid Auctions, LLC, sign forms and abide by our terms listed. b) All bidders must register for bidder's numbers using proper ID or proper information. c) No consignor, seller, or agent for seller has the right to bid on their consigned goods. d) Any employee of Mr Bid Auctions, LLC may bid at any auction if they wish to purchase an item. e) All items become the sole responsibility of the purchaser when the auctioneer confirms your bid as the successful winner. We are not responsible for lost or stolen items. f) If there is any dispute between two or more bidders, the auction company or its' auctioneer, may decide the successful bidder. The decision of the auction company, or its' auctioneer, shall be final and absolute.
Loss of Bidding Privileges: a) If you have failed to pay for an item, or failed to timely pick-up items, your bidding privileges will be revoked. Your privileges may be restored by paying for the item or repaying for the loss of the revenue due to the items not having been sold and by placing a credit card on permanent file whereby future purchases will automatically be charged.
Delinquent Accounts: a) The bidder that has not paid for, or has not removed their items from the auction site, will be subject to the cost of storage, trucking, re-sale, deficiency balances, collection fees, and any legal fees for recouping a loss due to the bidder's negligence.
Reserves: a) Any and all items that Mr Bid Auctions, LLC agrees to sell are subject to a reserve as per Indiana State Auction Law.
Documents: a) All documents must be completed in full by buyers and sellers. For Example: Death Certificates, Letters of Authority, Creditor Leins, and UCC's when purchasing vehicles, firearms, etc. b) All gun buyers will be required to fill out a 4473 form and pass a background check. Out of state buyers will be required to have any and all guns shipped to an FFL (Federal Firearms License) Dealer.
Compliance with the Terms of Sale: a) In default of payment of bills in full within the time announced for this auction the Auction Company in addition to all other remedies allowed by law, may retain all monies received as deposit or otherwise, as liquidated damages. b) Mr Bid Auctions, LLC is in complete accordance with Indiana statutes and Indiana Administrative codes, Title 25, Title 812, Department of Revenue Tax Bulletin #20, and Reference IC 6-2-4.
Warranties: a) Everything is sold "AS IS/WHERE IS" with no warranties, representation or guarantees expressed, implied or otherwise given. All sales are final.
Conditions of Items Sold: a) All information is believed to be accurate, but the auction company shall not be responsible for the correct description, authenticity, genuineness of or defect in any lot, and makes no warranty in connection therewith. No allowance will be made or sale set aside on account of any incorrectness, error in cataloging or any imperfection not noted. No deduction will be allowed on damaged articles as all goods being exposed for public exhibition are sold "as is" and without recourse. Mr Bid Auctions, LLC requires any and all buyers to preview and make your own opinion of conditions.
Auctioneers have the right to refuse service or eject any person obstructing the auction process.
The record of sale kept by the Auction Company, any recordings of the auction and the bookkeeper records will be taken as final in the event of any dispute.
Local Pick Up Terms: a) All items must be paid for and picked up in the allotted time following the auction.
Appointment Pickup Terms (Effective 1-14-2020)
All items must be picked up at the location & times identified within the auction details. Items not picked up within the identified times will be considered abandoned and no refunds will be provided.
We are limited on warehouse space and prefer that you pickup during the times provided in the auction details. Remember, you may designate someone to pickup items for you.
If your card declined for the auction and you failed to pay for or pickup the items within the time listed under the auction details, the items will not be held for you.
Additional Charges for storage
If you schedule a time beyond the designated pickup times for the warehouse auctions or a date and time for pickup is not provided to us, your items will be boxed for safe keeping. The charge for the box and packing material utilized will be added to your invoice. Additionally, a charge of $1.00 for each item too big to be boxed will be added to your invoice. The card on file will be processed. The box and/or items will be marked with your name and the date it was prepared for storage.
7 days after storage began a charge of $1.00 per box and/or $1.00 per big item PER DAY will be added to the invoice. Once the charge exceeds the value of the items, the items will be sold to cover storage fees.
Days charged apply even if the warehouse is closed during that period of time.
The effective date listed above will also apply to all items remaining at the warehouse from prior auctions.
Authorization to contact: Mr Bid Auctions may contact you using email, autodialed or prerecorded calls and text messages, at any telephone number that you have provided us, to: (i) notify you regarding your account; (ii) troubleshoot problems with your account; (iii) resolve a dispute; (iv) collect a debt; (v) poll your opinions through surveys or questionnaires; or (vi) as otherwise necessary to service your account or enforce this User Agreement, our policies, applicable law, or any other agreement we may have with you. Mr Bid Auctions may also contact you using autodialed or prerecorded calls and text messages for marketing purposes (e.g., offers and promotions), if you consent to such communications. As described in our User Privacy Notice, Mr Bid Auctions may collect other telephone numbers for you and may place manual non-marketing calls to any of those numbers and autodialed non-marketing calls to any landline. Standard telephone minute and text charges may apply and may include overage fees if you have exceeded your plan limits. If you do not wish to receive such communications, you may change your communications preference at any time, by selecting to opt out of emails and / or calling for the remaining opt outs.
Seller User Terms
Bidder User Terms