Terms and Conditions

RealtimeBid.com WEBSITE TERMS AND CONDITIONS 1) It is agreed that each Registered Applicant (“Bidder”) is assigned a Unique Bidding Number and it is NOT TRANSFERABLE. 2) Bidders will be held personally liable for any bids made using their User Name, Password and/or Bidder Number to make a bid. 3) Bidders are solely responsible for maintaining the confidentiality and security of their User Name, Password and Bidder Number. WE REQUIRE A PASSWORD WHIUCH IS UNIQUE TO THE REALTIMEBID.COM WEBSITE, and is NOT USED on ANY OTHER WEBSITE. This for our Bidders security, and we honestly have their best interest in mind. 4) The Auctioneer of Record (“the Auctioneer”) will offer for sale at auction, item(s) of property (“Lot(s)”) either singularly or in groups (including groups of Lots offered as a “choice” option) to be sold to the highest bidder. The highest bidder for each Lot shall become designated as the Buyer. 5) Depending on the type of service that the auctioneer has requested and paid for, at the close of bidding, the successful Online Bidder ("Buyer") for a Lot MAY BE charged a 2-5% (between two and five percent, depending on type of auction) Internet Purchase Fee of the final bid price for the Lot sold. Additional Buyer’s Fees may be charged by the Auctioneer as well. The terms and fees for each specific auction will be published on RTB's and / or the auctioneers website. Bidders are responsible for review and agreement of each auctioneer’s Terms & Conditions and any additional fees which might apply. 6) Applicable State/Local Sales Tax will be charged and added to the final price of all Lots sold. Bidders outside the State/Local jurisdiction of the auction will be exempt from Sales Tax if proof of approved tax exemption status form and exemption certificates are provided and acceptable to the said State/Local jurisdiction. 7) In the event of a dispute, the Auctioneer shall have sole absolute discretion to either settle such dispute or open the lot for re-sale. 8) The Auctioneers make every effort to ensure that all Lots appearing in the Catalog are presented for sale at the time of Auction. RealtimeBid.com, for any reason, is not responsible or liable for any loss or damage arising from any Lot(s) not presented for sale on the day of auction. 9) The Auctioneers have described each Lot in the catalog to the best of their knowledge, ability and belief from information furnished by the Consignor (Seller) who shall be solely responsible for any error or misrepresentation which might occur. RealtimeBid.com accepts no responsibility or liability whatsoever in regards to the quality, accuracy, reliability, legality or completeness of any Seller provided content, and any statements made in respect to these matters, whether oral or written, are statements of opinion and not to be taken as a statement or representation of fact. Each Bidder is solely responsible for satisfying himself by inspection or otherwise and verifying the quality, accuracy, reliability, legality and competitiveness of all Seller provided content and statements. The Bidder is deemed to have inspected the Lot and satisfactorily clarified any issue regarding that Lot prior to bidding and/or purchase. 10) Each Lot is sold as-is, where-is with all faults and as-seen by person or otherwise by the Intending Buyer. RealtimeBid.com provides no guarantees or warranties, expressed or implied, in respect of the equipment contained in a Lot. Any representations made by RealtimeBid.com are to be considered as lay terms of the industry and/or opinions only, and RealtimeBid.com accepts no responsibility or liability for any purchase(s) made by a Bidder/Buyer in reliance thereof. 11) Payment in full must be made in the form of Cash, Wire Transfer, Cashier’s Check or Company Check accompanied with a bank letter of guarantee as specified in the Auctioneer’s Terms and Conditions. 12) All purchases must be removed from the premises in accordance with the Auctioneer’s Terms and Conditions of the auction. 13) When the Auctioneer has received cleared funds from the Buyer, the Buyer agrees to remove the property from the Sale Site in accordance with the Auctioneer’s Terms and Conditions unless otherwise agreed to, in writing, by the Auctioneer. 14) The Buyer agrees to insure the Property purchased against any loss or damage to or caused by the Property from the Auction Date until removal of the Property by the Buyer. 15) Collusion between online Bidders or any form of price manipulation or bid rigging is strictly prohibited. 16) The Auctioneer and RealtimeBid.com reserve the right to revoke any Bidding Number at any time. 17) RealtimeBid.com may amend any or all of the Terms and Conditions (including fees and transaction rules) at any time, and at RealtimeBid.com’s sole discretion, without notice. Any amendment of the Terms and Conditions will be reflected on the Web Site. All Bidders are encouraged to periodically review the Terms and Conditions. Use of the Services and the Web Site constitutes acceptance of the Terms and Conditions including any amendments. AUCTION TERMS AND CONDITIONS ALL INTERNET BUYERS MUST PROVIDE A BANK LETTER OF GUARANTEE OR A BID DEPOSIT TO THE AUCTIONEER Letters may be faxed to the RTB office at 1.407.956.4986 or to the auctioneer's office directly. The Letter must read as follows: {Mr. (Registered Customer Name) is a customer in good standing at (Name of Banking Institution). We will guarantee the payment of checks on his account (Account Number) up to (Specify Amount) dollars for the purchase of item(s) at (Name of Auction) in (Auction Location) on (Auction Date). We hereby agree that no stop payment will be issued in conjunction with this letter of guarantee.} 1) Depending on the arrangements between RTB and the Auctioneer of record, there MAY be betwen a 2% and a 5% (depends on type of auction) Internet Purchase Fee charged on all online purchases. These fees, if any, will be defined in the auction-specifc terms and conditions. Please see the specific terms for each auction for details. Some Auction Companies charges ALL Buyers a Buyers Fee in addition to the Online Buyers Premium. 2) Applicable State of (Name of State) Sales Tax will be charged on all Lots sold at auction. Bidders from outside the State of (XX%) may be exempt from all or part (dependent on jurisdiction laws) of the Sales Tax applicable to the item purchased if proof of an approved tax exemption status form and exception certificates are provided and are acceptable to the State of (XX). 3) Payment in full must be made by (DATE) before close of business at (TIME) in the form Cash, Wire Transfer, Cashiers Check or a Company Check accompanied with a bank letter of guarantee. 4) All purchases must be removed from the premises by (DATE) unless otherwise agreed to in writing and signed by the Auctioneer. 5) All Bidders are held personally liable for any bids made with their Bidding Number. 6) The highest bidder for each Lot shall become the Buyer/Purchaser of said Lot at the close of bidding by the Auctioneer. 7) In the event of any dispute, the Auctioneer of Record shall have sole absolute discretion to settle such dispute in an appropriate manner and it may include offering the Lot for re-sale. 8) The Auctioneer has described each Lot in the catalog to the best of their ability, knowledge and belief from information furnished by the Vendor(s) and/or Consignor(s) who shall be solely responsible for any error(s) or misrepresentation(s) which may arise. The Auctioneer and RealtimebBid.com assume no liability whatsoever in respect to any faults, deficiencies and/or errors of any description, oral or printed, nor do they accept any responsibility regarding the authenticity, genuineness, origin, age, condition or quality of any Lot(s). All statements as to these matters whether contained in the catalog or made orally, are statements of opinion only and not to be taken as being or implying a statement or representation of fact. Any intending Bidder/Buyer MUST satisfy themselves by inspection or otherwise, as to the correctness of each statement made in this regard. Neither the Auctioneer and RealtimeBid.com nor any person in their employment have any authority to make or give any representation or warranty in relation to any of the Lot(s) for sale without the expressed instructions of the Vendor(s) and/or Consignors. 9) Each and every Lot is sold as-is, where-is with all faults and as seen by person, video and/or photograph. The Auctioneer and RealtimeBid.com provides no guarantees or warranties, expressed or implied, in respect of the equipment contained in the Lot to be sold. All representations made by the Auctioneer and/or RealtimeBid.com, its servants or agents, are to be considered as industry lay terms and/or opinions only, and the Auctioneer and RealtimeBid.com accepts no liability for any purchase(s) made by a Bidder/Buyer in reliance upon them. The Bidder/Buyer of a Lot is deemed to have inspected the Lot and satisfactorily clarified any issue(s) regarding said Lot prior to purchase. 10) The Auctioneer and RealtimeBid.com, for any reason, accepts no liability for any loss or damage whatsoever arising from any Lots not present for sale on auction day. 11) The Buyer agrees to insure the Equipment purchased against all losses from the Auction Date until removal of the Equipment by the Buyer. 12) The Buyer acknowledges he/she has read and agrees to be bound by the additional terms and conditions set forth.