Any other arrangements must be made with auctioneer prior to bidding. All invoices must be paid in full by the close of business on the last day of the auction sale and prior to removing any Lot. TIME OF PAYMENT – Each successful Bidder shall receive an invoice during or at the conclusion of the auction. In default of such deposit, the Lot may be put up again immediately and resold.ģ. DEPOSIT - Each successful Bidder will be required to make a deposit in cash or by bank cashier’s or certified check of 25 percent (25%) of the successful bid on each Lot at time of knockdown. IDENTIFICATION - All Bidders are required to fill out all registration forms before becoming approved.Ģ. The term “Auctioneer” herein means Cincinnati Industrial Auctioneers, Inc.ġ. All determinations, rulings, and adjustments made by the Auctioneer in good faith shall be final, binding, and conclusive upon all Bidders. The Bidder identified by the Auctioneer as the high bidder or successful bidder at auction (“successful Bidder”) shall have entered into a legally binding contract to purchase the item bid upon (“Lot”) at the price and subject to the terms and conditions set forth herein. NOTICE: All Bidders and other persons attending this sale (“Bidders”) agree that they have read and have full knowledge of these terms and agree to be bound hereby. No Exceptions will be made to the above approval requirements, so please register & forward a deposit immediately.ĭEPOSITS: All Online Registrants will be required to submit the requested Contact Information including Bank Information to be "Approved." NO EXCEPTIONS! INTERNATIONAL BUYERS must either wire transfer a fully refundable cash deposit in the amount of $5,000.00, or have arrangements made with our office to be "Approved" to bid. 25% of their planned spending budget or a minimum of 5,000.00 with Cincinnati Industrial Auctioneers in order to be approved See Below Section about Deposits). Perspective bidders must fill out & return the online bidder approval form (a copy of which will be emailed to you after registering_ and also post a deposit of approx. no later than 48-hours prior to the start of the auction.
All prospective bidders must register & be approved by Cincinnati Industrial Auctioneers, Inc.
0 kommentar(er)
