TERMS AND CONDITIONS
THIS IS MEANT MERELY AS A GUIDE WITH NO WARRANTIES OR GUARANTIES EXPRESSED OR IMPLIED.
Full payment is to be made within 1 hour of the conclusion of this auction. Payment is to be made with cash, cashiers’ check, personal or company check with a current bank letter of guaranty. Credit cards accepted up to $5,000.00 US with a 3% convenience closing fee with all sales final and no sale shall be invalidated. No refunds and credit card payments cannot be reversed. Any balances due the day after the final removal date noted on invoice will be paid by purchaser at a rate of 18% per annum. NO EXCEPTIONS.
First time buyers may be required to make a $1,000.00 deposit prior to the start of the auction.
Export buyers will be required to make a $7,500.00 deposit or 10% of expected purchases, whichever is greater. Any other arrangements must be made with the management of Equify Auctions, LLC. All export sales will be charged sales tax until proper documentation from authorized customs broker, including dock receipts for removal of sales tax.
All sales taxes are applicable at the local rate with all exemptions to be specially completed with all required taxing authorities’ numbers and certificates. A 1.5% Texas of road (terp) tax for any item with 50hp diesel power will apply unless exempted with specially completed exception forms with all required taxing authorities’ numbers and certificates.
ALL ANNOUNCEMENTS BY THE AUCTIONEER SHALL SUPERSEDE ANY PRINTED MATERIAL
Security will not allow the removal of purchases without a release ticket. The office will assist you with release tickets for your transportation company on the items purchased at this auction. The purchaser will be charged $35.00 per item, per day storage on any item left past the removal date noted on the invoice. Load out is Monday thru Friday 8:00 am to 5:00pm. NO LOADING AFTER DARK.
All items are sold “as is, where is” with no guaranties, or warranties as to condition, value, merchantability, safety, or usability. The item will be considered sold without any exceptions upon the final gavel by the auctioneer. Possession will be obtained upon proper settlement. Purchaser will be responsible for the removal, insurance, breakdown, arranging, shifting, loading, and securing of load for any items purchased. Equify Auctions, LLC does not arrange or contract freight for buyer’s items. It is the buyer’s responsibility to have inspected the item and determined the condition, year, model, serial number and mileage of the item from your inspection.
A $50.00 admin fee will be added to the purchase price of all titled items. Tax & Transfer fees will be added to items coming from dealer. Titles will be certified mailed within 18 business days of conclusion of auction.
Review your catalog for the premiums for this auction. “All agreements with Equify Auctions, LLC must be reduced to writing and signed by purchaser and Equify Auctions, LLC. Bidders may not rely upon any oral understandings or statements in connection with this auction.”
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We realize there is a lot to learn about the auction process and no way to cover it all here. We hope that we've touched on your question in the above FAQ, but, in case we haven't, please let us know.