STANDARD TERMS AND CONDITIONS
1. All property is sold “AS IS” and neither the auctioneer nor any consignor makes any warranties or representation of any kind or nature with respect to the property, and in no event shall they be responsible for the correctness, nor deemed to have made any representation or warranty, description, genuineness, authorship, attribution, provenance, period, culture, source, origin or condition of the property and no statement at the sale, or in bill of sale, or invoice or elsewhere shall be deemed such a warranty of representation or an assumption of liability.
2. The highest bidder as determined by the auctioneer shall be the purchaser. In the case of a disputed bid, the auctioneer shall have sole discretion in determining the purchaser, and may also, at his or her election, withdraw the lot, or re-offer the lot for sale. Floor bidders have precedent over absentee bidders in the case of a same-amount winning bid.
3. All merchandise purchased must be paid for and removed from the premises the day of the auction. Wickliff & Associates Auctioneers, Inc. may impose, and the purchaser agrees to pay, a monthly storage charge of $100 for any lot or portion of any lot not removed by the purchaser within ten (10) calendar days after the day of the sale. Wickliff & Associates Auctioneers, Inc. shall have no liability for any damage to property left on the premises for more than ten (10) calendar days after the date of the sale. At the option of Wickliff &Associates Auctioneers, Inc., the merchandise may be transferred to, and stored at, a bonded warehouse and the purchaser agrees to pay all transfer and storage expenses. Any item(s) paid for by purchaser and not removed by purchaser within 30 days of auction is considered abandoned and right and title to the item(s) transfer to Wickliff & Associates Auctioneers, Inc., who then may sell the item(s) and retain all proceeds.
4. Personal checks from bidders unknown to the auction house will be acceptable only if credit has been established with Wickliff & Associates Auctioneers, Inc., or if a bank authorization has been received guaranteeing a personal check. Wickliff & Associates Auctioneers, Inc. reserves the right to hold the merchandise purchased by personal check until the check has cleared the bank, usually 10 days. The purchaser agrees to pay Wickliff & Associates Auctioneers, Inc. a handling charge of $35.00 for any check dishonored by the drawee.
5. If the purchaser breaches any of its obligations under these conditions of sale, including its obligations to pay, in full, the purchase price of all items for which it was the highest bidder, Wickliff & Associates Auctioneers, Inc. may exercise all of its rights and remedies under the law, including (a) canceling the sale and applying any payments made by the purchaser to the damages caused by the purchaser’s breach, and/or (b) offering at public auction, without reserve, any lot or item for which the purchaser has failed to pay in full the purchase price or failed to remove from the premises within (30) days, holding the purchaser liable for any deficiency plus all costs of sale.
6. In no event will the liability of Wickliff & Associates Auctioneers, Inc., to any purchaser with respect to any item, exceed the purchase price actually paid by such purchaser for such item.
7. All purchases are subject to the Indiana 7% sales tax unless the purchaser possesses a sales tax exemption number. Exemption numbers from other states are accepted in Indiana if presented with business card or letterhead.
8. Bidding on any item indicates your acceptance of these terms and all other terms announced at the time of sale.
Refunds are not available, except in the case of a blatant misrepresentation of a material fact by the auction company, claims made within 5 days of auction. All purchases are final, and purchaser makes the decision to buy based upon their own investigation and not upon representations made by auction company.