Terms and Conditions for Live Auctions Accepting Cash, Good Check (MCA may require a bank letter of credit unless prior approval by David Allen (#5600) or other MCA official), VISA, MasterCard, American Express, Discover. BUYER’S PREMIUM OF 13% ON EACH LOT SOLD (10% WHEN PAYING BY CASH OR CHECK). All items are sold “AS IS, WHERE IS” with no warranties expressed or implied. Payment due day of sale, or within 5 days, if by absentee bid. Absentee bids accepted ($25.00 minimum). Items must be removed day of sale day unless other arrangements have been made with Music City Auction. In addition, Online Bidders must abide by Terms and Conditions applicable to those auctions listed elsewhere on the website. All persons seeking a bid number must show current photo ID (driver’s license) and provide correct, current address and phone number. 9.25% TN State sales tax will be collected on all applicable sales. Dealers will provide a current copy of tax exempt certificate for MCA records in order to waive sales tax. All announcements made day of sale take precedent over any printed, verbal, or electronic material. When the auctioneer says “Sold” the item becomes the property of the successful bidder, even if the item has not been paid for. Any participation in the auction binds you to the agreement of terms, whether or not you read or understand said terms. MUSIC CITY AUCTION (TN FL 4976) 615-335-6261. Real Estate Terms and Conditions: Ten Percent (10%) Nonrefundable Earnest Money Down Day of Auction, with balance due at closing on or before March 29, 2019. Taxes to be prorated at closing. All parties to be responsible for his/her closing expense. Seller to provide Title Insurance. Buyer may have the property inspected prior to Auction for all concerns, including but not limited to lead base paint. Real Estate is being sold "AS IS/WHERE IS" with no warranties expressed or implied. A Ten Percent (10%) Buyer's Premium will be added to the gavel price to determine the Final Sales Price.