Estate Auction. Auction Terms & Conditions THERE WILL BE NO BUYERS PREMIUM FOR ONSITE BIDDERS ONLY. ONLINE BIDDERS WILL BE CHARGED AT 12% BUYERS PREMIUM. Waynco Auctions LLC (Auction Company) retains the right to govern goods and services sold to clients and to maintain the level and integrity of our business. Waynco Auctions LLC has the right to terminate the auction at any time; withdrawal from sale of any item; to sell at this auction items not listed; to group one of more lots into one or more selling lots or to subdivide into two lots or more selling lots. The auction company also reserves the right to sell all of the items listed in bulk. Payment: a) All payments will be required to be paid for with the credit card on file after auction is complete. b) Buyer's Premium is 12% Online c) Buyer specifically waves the right to dispute or deny payment for any purchases made with a credit card. d) No items will be removed until they have been paid for. Purchaser is responsible for removal of all purchased goods. No abandonment of purchased items is allowed. All abandoned items will be sold for storage and moving fees. Loading Equipment: a) Buyer is responsible for their own removal of all items. Please bring any packing material and boxes that you may need. Please bring assistance to move heavy items to your vehicle and any tools for dismantling. Item Removal: All items must be on the scheduled pick up date. If other arrangements are absolutely necessary please contact site manager All local, state and federal laws will be followed with the highest level of strictness in all firearm sales. Ensure that any firearm purchase meets your local, state and federal laws. No Liability: a) Waynco Auctions LLC assumes no liability for your purchases. The buyer assumes and does agree to indemnify and hold the auction company and seller harmless from any future claim that shall pertain to fitness or use of the asset being purchased. b) Persons attending during exhibition, sale or removal of goods assume all risks of damage or loss to person and property and specifically release and indemnify the Auction Company from liability therefore. Neither the Auction Company nor their principal or seller shall be liable by reason of any defect in or condition of the premises in which the sale is held. Consignors & Bidders: i) All consignors must fill out a contract with Waynco Auctions LLC, sign forms and abide by our terms listed. ii) All bidders must register for bidder's numbers using proper ID or proper information. iii) Any employee of Waynco Auctions LLC, may bid at any auction if they wish to purchase an item. iv) All items become the sole responsibility of the purchaser when the auctioneer confirms your bid as the successful winner. We are not responsible for lost or stolen items. v) If there is any dispute between two or more bidders, the auction company or its' auctioneer, may decide the successful bidder. The decision of the auction company, or its' auctioneer, shall be final and absolute. Loss of Bidding Privileges: a) If you have failed to pay for an item your bidding privileges will be revoked. Your privileges may be restored by paying for the item or repaying for the loss of the revenue due to the items not having been sold and by placing a credit card on permanent file whereby future purchases will automatically be charged. Delinquent Accounts: a) The bidder that has not paid for, or has not removed their items from the auction site, will be subject to the cost of storage, trucking, re-sale, deficiency balances, collection fees, and any legal fees for recouping a loss due to the bidder's negligence. Reserves: a) Any and all items that Waynco Auctions LLC agrees to sell are subject to a reserve as per Indiana State Auction Law. Documents: a) All documents must be completed in full by buyers and sellers. For Example: Death Certificates, Letters of Authority, Creditor Leins, and UCC's when purchasing vehicles, firearms, etc. b) All online gun buyers will be required to pick up thier purchases at a local FFL. holder./ Gunshop. Out of state buyers will be required to have any and all guns shipped to an FFL (Federal Firearms License) Dealer. Compliance with the Terms of Sale: a) In default of payment of bills in full within the time announced for this auction the Auction Company in addition to all other remedies allowed by law, may retain all monies received as deposit or otherwise, as liquidated damages. b) Waynco Auctions LLC is in complete accordance with Indiana statutes and Indiana Administrative codes, Title 25, Title 812, Department of Revenue Tax Bulletin #20, and Reference IC 6-2-4. Warranties: a) Everything is sold "AS IS / WHERE IS" with no warranties, representation or guarantees expressed, implied or otherwise given. All sales are final. Conditions of Items Sold: a) All information is believed to be accurate, but the auction company shall not be responsible for the correct description, authenticity, genuineness of or defect in any lot, and makes no warranty in connection therewith. No allowance will be made or sale set aside on account of any incorrectness, error in cataloging or any imperfection not noted. No deduction will be allowed on damaged articles as all goods being exposed for public exhibition are sold "as is" and without recourse. Waynco Auctions LLC highly recommends any and all buyers to preview and make your own opinion of conditions. Auctioneers have the right to refuse service or eject any person obstructing the auction process. The record of sale kept by the Auction Company, the audio tape of the auction and the bookkeeper records will be taken as final in the event of any dispute. Shipping/Pick up a)All items must be paid for prior to pick up or shipping of the item b)Pick up will be scheduled the following day after closing of the auction unless otherwise noted. Shipping will be completed within 7 days of auction close following completed payment. c)If items are to be shipped the buyer will first pay for the item at the close of the auction. Then after payment has been made the items will be boxed and packaged for a fee of $7 per box. Then the card will be charged again for the shipping & handling fees and the items will then be shipped. d)If the card is declined for the shipping fees the buyer will be notified and items will not be shipped until the shipping is paid in full. e) Note: Some items will be pick-up only f) Shipping is available to Canada with a shipping deposit and additional handling fees. Please contact us if you have any questions. Real Estate Terms No Buyers Premium. 10% non-refundable deposit based on contract price day of sale with the balance due at closing. The sale is not contingent upon buyers securing financing and or any additional contingencies. Property sells “AS IS”. Any required inspections must be completed prior to bidding. Property sells subject to all articles of record. Announcements day of sale take precedence over all previous advertising and statements. Bidders choosing to bid via the online bidding must register and be approved 24 hours prior to the auction. Online bidders accept the risk inherent with internet bidding, it is strongly suggested that bidders be present at the auction. Successful online bidder is required to sign documents via online signature portal and wire deposit within 24 hours of sale. Buyer broker participation encouraged, contact agent for terms, conditions, and registration form.