Please carefully read & understand ALL Terms & Conditions. If you are not completely certain that you understand and agree to abide by any part of the information and terms contained herein, PLEASE DON'T BID. Contact us for any further clarification at ventureauctions@gmail.com. 10% Buyers Premium applies to all purchases. 1% Technology Access Surcharge applies to all purchases. $75.00 PER PARCEL Property Transfer and Quit Claim Deed Fee applies to all purchases. 3% convenience fee applies to all credit card payments. Full Settlement must be made by 4pm CST on day of sale. NO EXCEPTIONS. Buyers may pay with cash, credit card, or certified funds ONLY. In-person payments are received until 4pm CST at the Venture Auctions trailer, located at the City of Memphis Police Impound Lot 465 Klinke Ave Memphis, TN 38127 After 4pm CST, all remaining balances will be charged to buyer's credit card on file as entered at registration. ANY declined credit card transaction WILL result in an immediate ban for that bidder from attending or participating in ANY future Venture Auctions live, online, and webcast auctions. NO EXCEPTIONS. Multiple parcels of real property may be offered individually, or collectively, or any combination of the same, at the auctioneer's sole discretion. The auctioneer reserves the right to offer real properties at auction multiple times, in multiple combinations, in pursuit of the highest possible return for the consignor. High bids on any individual parcels of real property remain valid and enforceable until such time as a combined bid on multiple parcels exceeding the sum total of all previously established individual bids has been accepted. All Items are sold AS-IS, WHEREIS, with no warranties, expressed or implied, including but not limited to any warranties of fitness for a particular purpose or merchantability. No effort has been made by the City of Memphis or Venture Auctions to inspect or verify the condition of any item on this auction. Item listings, information, and/or descriptions provided to the bidder by Venture Auctions or The City of Memphis in oral, written, or image form are deemed reliable, but not warranted, and are intended as a guide only. Bidders should inspect auction items carefully, and bid accordingly. Bidder agrees not to base a bid solely on information provided by Venture Auctions or The City of Memphis. ALL SALES ARE FINAL. The City of Memphis bears sole responsibility to provide any and all applicable titling documents, in accordance with the terms described herein, to purchaser. Upon delivery of paid invoice to purchaser from Venture Auctions, purchaser agrees to indemnify and hold harmless Venture Auctions in any and all disputes arising between purchaser and seller. This indemnity includes, but is not limited to, any disputes over titling documents, potential refunds, etc. The City of Memphis reserves the right to add, delete, or alter any item prior to the opening of live/webcast bidding. Prebids will not be recognized on any vehicle/item that is removed from auction prior to opening of live/webcast bidding. Auction items left on City of Memphis property after the auction are the sole responsibility of the buyer. Neither Venture Auctions nor the City of Memphis will recognize any claims for theft, damage, or loss once the item has been awarded. In the event of a tie-bid between online bidders, the tie goes to the first bid recieved. In the event of a tie-bid between any online bid and any live bidder during the live webcast auction, the tie goes to the onsite bidder. Auctioneer's decision is final and binding on all parties in the event of any dispute. Bidder's acknowledgement of and consent to abide by all terms & conditions of this sale are sufficiently implied by bidder's decision to register for and participate in the auction, and explicitly expressed by bidder's acknowledgement and acceptance of these terms and conditions at the time of registration. Announcements on day of auction take precedence over any printed or previous information.

Memphis Police Department Organized Crime Unit Seized Real Estate Online Webcast Auction (2) Parcels of Real Estate, Selling ABSOLUTE! This is a PUBLIC Auction. All bidding is ONLINE ONLY. Online pre-bidding begins Monday, June 21, 2021 at 5:00pm CST. Live Webcast Auction begins with pre-sale announcements at 12:30pm on Wednesday, June 23rd. Please review all auction information BEFORE placing Bids! These two parcels will first be offered individually, for two seperate bids. After potential winning bidders and bid amounts have been established for each parcel individually, all registered bidders will be offered an additional opportunity to purchase BOTH parcels for one single bid amount, which must then exceed the total of the previously established bids combined. If there is no single bid for BOTH parcels exceeding the sum total of the previously established seperate bids, then the previously established winning bids, and the respective bidders, will stand as called. The properties will ultimately be sold by whichever method produces the highest sum total bid amount for both parcels. See Terms of Sale for all details.