INSPECTION: All Items, Saturday, Day of Auction starting ...

[Pages:1]TERMS & CONDITIONS:

INSPECTION: Vehicles Only, Friday, Prior to Auction Day from 10:00 a.m. - 4:00 p.m. All Items, Saturday, Day of Auction starting at 8:00 a.m. Gate Closes at 3:00 p.m.

BIDDERS: All Bidders MUST have a valid identification and be registered in order to bid.

BIDDING: Auction items will be called out by sequence number. Items and descriptions will be listed in the auction catalog provided on the day of the auction. All registered bidders will be given a bidder number card. An auction caller will accept bids by bidder number.

TERMS OF SALE: ALL SALES ARE FINAL.

All announcements made on auction day shall take precedence over previously distributed information. While descriptions are believed to be accurate, the auctioneer and seller make no warranties or guarantees, expressed or implied, relating to the items being auctioned and will not be held responsible for any advertising discrepancies or inaccuracies.

Items will be sold on an "As Is, Where Is" basis with the only guarantee being that of good title. Therefore, it is recommended items be inspected prior to purchase. All sales are subject to 6% Michigan Sales Tax. Vehicle purchasers must pay the state sales tax at the Secretary of State's office. To pick up a vehicle or items after the day of the sale you must have a receipt of Deposit. Deposits for vehicles must be received by 3:00 p.m. the day of the sale.

An oral bid accepted at public auction is a legal and binding contract to purchase. The County is not responsible for items after sale. No claim for any allowance, on any grounds, will be considered after the property is struck off to a bidder. Buyers shall not be entitled to recede, damages, or any other remedy on account of the quality of the property listed for sale in this announcement or by a faulty description.

SETTLEMENT:

Payment shall be in cash, cashier's check, or certified funds. Personal checks will be accepted for an amount not to exceed $100.00 for purchases. Personal checks will not be accepted for vehicles or vehicle deposits. Company checks will be accepted ONLY with a letter of guarantee of payment from your bank. Letter of guarantee must be presented the day of auction. Make checks payable to: Treasurer, Oakland County.

A $250 deposit will be required per vehicle and for items totaling more than $500.00. Items totaling under $500.00 must be paid in full and removed auction day.

Vehicles will be sold on an "As Is, Where Is" basis with the only guarantee being that of good title. Deposits for vehicles must be received by 3:00 p.m. the day of the sale.

Balance remaining must be paid at the Oakland County Treasurer's Office (Building 12 East) by Tuesday, following the auction day, by 3:00 p.m. Payments after sale date must be by certified check, cashier's check or cash. Oakland County is not responsible for missing or damaged merchandise. To pick up a vehicle or items after the day of the sale you must have a paid in full receipt. Buyers shall bear the entire risk of loss during storage by seller prior to removal.

In the event that the buyer fails to remit the balance on the deposit or defaults in any other manner; the County may, (1) retain the deposit and resell the property; and/or (2) take further legal action against the buyer for refusing to comply with the terms of the sale.

REMOVAL:

Items may not be removed from premises until paid in full. Pick up times are day of sale, Monday and Tuesday following the sale, from 10:00 a.m. to 3:00 p.m. Moving and loading of sale items are the responsibility of the buyer.

NOTE: The "Auction Catalog" was prepared for bidder's convenience only and the seller is not responsible for errors or inaccurate descriptions contained herein. Security provided by: Oakland County Sheriff's Department. List of items will be available at auction

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