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QUALITY DISCOUNT EQUIPMENT LLC WANTS TO ENSURE
THAT EVERYONE WHO PARTICIPATES IN THESE AUCTION HAS
A SAFE AND ENJOYABLE EXPERIENCE. THESE RULES APPLY
TO BUYERS, SELLERS, PARTICIPANTS AND EVEN QDE LLC
& QDPP EMPLOYEES.
(1) The highest bidder shall be the purchaser once
the reserve bid has been met and no bidder shall retract
his bid. ALL BIDS MADE IN U.S. DOLLARS. All sales
are final.
(2) Any dispute arising as to any bid shall be settled
by the Auctioneers at their sole discretion and, at
the Auctioneers' discretion, the Auctioneer may, immediately,
put the lot in the dispute up again for sale.
(3) The Auctioneers shall have the right to consolidate
or break down lots, or to offer a package as a single
lot. Auctioneers reserve the right not to acknowledge
or accept any bid which is merely a fractional advance
over the preceding bid. The Auctioneers retain the
right, without notice, to withdraw any lot or lots,
prior to sale of said lots. Auctioner obtains the
right to withdraw any QDE item if the reserve bid
is not met.
(4) The Auctioneers assume no responsibility for
any liability once bid is accepted. Merchandise "as
is" with all faults. Purchasers are advised to
pre-arrange for insurance coverage of their purchases.
(5) All purchases must be paid in full within two(2)
business days after bid has been placed in U.S. DOLLARS
ONLY, with cash, certified check or bank check, Money
orders are not accepted. Titled units or items over
$1,000.00 will not be released unless cash or certified
funds are received and cleared. Payments received
after two(2) business days following the auction will
be charged a 3% late payment fee, unless a prior written
agreement exists between buyer and auction co. .
(6) Credit cards such as Mastercard/Visa or American
Express, or wire transfers are acceptable methods
of payment but will have a 3% convenience fee added.
Payments received after two(2) days following the
auction will be charged a 3% late payment fee, unless
prior arrangements are made.
(7) The purchaser shall not be entitled to possession
of any of his purchases until total purchase price
of all his purchases has been fully paid and in the
event the purchaser fails to pay the full purchase
price for any lot within the prescribed time or fails
to comply with any other terms of sale, the Auctioneers
shall retain the possessory lien on all lots of the
purchaser, and have the right to resell such lots
by public or private sale without notice of any kind
to the Purchaser. Any deficiency arising upon the
resale, together with all expenses thereof, shall
be paid by the purchaser. Any auction deposit shall
be retained by the Auctioneers for application against
such deficiency. Forfeiture of the deposit does not
release the buyer from full payment.
(8) All cost and the responsibility of such removal
shall be borne by the purchaser. The Auctioneers reserve
the right to require proof of adequate insurance coverage
from any purchaser of lots requiring dismantling,
rigging or hot cutting. Purchaser agrees to indemnify
and save harmless both the Consignor and Auctioneers
against any damage caused by the act of Purchaser
and/or his agents in connection with the dismantling
or removal of any lot.
(9) All lots must be removed within the time announced
or posted at sale, at Purchasers' sole cost and risk,
and only in a manner approved by the Auctioneers.
If for any reason the purchaser fails to remove any
lot within the time specified, the lot shall be deemed
abandoned and the Auctioneers, at there sole discretion,
may resell per paragraph 7 above or removed and store
the said lots at Purchasers' sole risk and expense.
In addition, Purchaser shall be liable for any rent
incurred or damages suffered by the Auctioneers because
of Purchasers' failure to remove any lot within 20
days.
(10) No sale shall be invalidated by reason of any
defect or inaccuracy in any of the lots by reason
of their being incorrectly described in the listing
sheet or elsewhere and no liability shall be by the
Auctioneers in respect of any such faults or errors.
Listing sheets have been prepared only as a guide
based on information from sources generally believed
to be reliable and from the consignor but the accuracy
thereof cannot be guaranteed or warranted by the Auctioneers.
Bidder acknowledges that it is his responsibility
to inspect all equipment and to make his own inquiries.
(11) If for any reason whatsoever, the Auctioneers'
are unable to deliver any lot, or any necessary documentation
required in respect of any lot, the Auctioneers' sole
liability, if any shall be the return of any monies
paid on such lot.
(12) Except as herein set out there shall be no guarantees
or warranties expressed or implied, statutory or otherwise
of any nature whatsoever. Each and every item will
be sold "As Is, Where Is", with all faults.
ALL SALES ARE FINAL.
(13) Contracts and bills of sale and necessary vehicle
documents will, if available, be delivered at time
of payment in a form satisfactory to the Auctioneers
and will otherwise be mailed to the purchaser within
ten (10) days of payment of the full purchase price
as set out above. Documents will be available subject
to consignor providing name.
(14) Miscellaneous items left after 20 days following
the Auction will be considered abandoned and sold
for storage unless the buyer has made prior arrangements
and the auction company has agreed in writing.
(15) 10% Buyer Premium will apply to each item unless
declared otherwise.
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Agreement ]
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