Auction Terms & Conditions 1. I understand that I am liable for all purchases made on my registered number and further agree to make settlement in full for said purchases on auction day or within the next business day, including applicable sales tax, buyer premium, and title handling fees, on auction day or a handling fee will be added to my invoice and due. Acceptable payment includes Cash or wire transfer. Business and personal checks are accepted when they are accompanied with a Bank Letter of Guarantee. All bidders unknown to Martin Auction should provide a Bank Letter of Guarantee. 2. All auction articles are sold "As Is - Where Is". Warranties or guarantees are strictly between buyer and seller - not Martin Auction. 3. I understand and agree to pay the 10% buyers premium charged on the personal property over $10,001 and 15% buyers premium on personal property under $10,000 and 3% charged on the Real Estate. 4. I agree that I have inspected all items that I purchase prior to the auction of an item and agree to pay for any item I win. I also understand that I am buying AS-IS; a used item with faults and that the item may or may not run or operate and that there are NO REFUNDS on the items that I purchase. Any item with a title is subject to IST 6.25% (IL State Sales Tax) or VUT (Vehicle Use Tax) amount based on model year. There is a $50.00 title handling fee applied per title. 5. I understand and agree that all TITLE & REGISTRATION FEES ARE NOT REFUNDABLE after the sale of an item. Bidders must request a refund by directly contacting the Illinois Secretary of State for reimbursement- if any. Any warranty issues that may develop would be arbitrated with the item returned to Martin Auction; any hauling fees will be paid by the buyer. 6. All purchases are to be paid for in full by the end of the next business day of the auction and prior to removal from the auction site. Cash accepted. Handling charges may apply on credit card and personal checks. Wire transfer accepted next business day and items remain on lot until after payment is confirmed. 7. Martin Auction assumes no responsibility for accidents, stolen or damaged property. Items left at the auction site are at the owner's risk and the I understand that I should insure any of my items to the degree of protection I want. 8. The Auctioneer in charge will settle any disputes as to bids and that decision will be final. The Auctioneer also reserves the right to accept or reject bids at his discretion and I understand that any item may be removed at any time without notice. 9. I understand that Martin Auction (or any of its divisions) shall have the right to collect attorney fees, interest and/or collection costs and disbursements in the event that I shall default on any transaction(s) at this auction on this date in accordance with the "Terms and Conditions" set forth. Further, I agree to pay same. 10. All announcements made on auction day will take precedence over all printed materials. Any item may be removed from auction without notice. 11. I understand any personal or business information disclosed can be used for (email, phone, text, etc.) communication and marketing purposes- We will NOT sell your personal information. 12. I understand and agree that any items remaining at the auction site pickup day are forfieted. Successful bidders will have from Monday, December 16th, 2019 to remove all of their purchases. 13. I agree that any litigation due to an issue arising from the auction must be filed and tried in DeWitt County, Illinois. 14. If I am the successful bidder on the real estate portion of the auction, I understand that I will be required to place a 10% non-refundable deposit down on the property and enter into a written contract with the Seller. The Seller will provide the buyer with a Title policy at closing. This property sells as is. Any inspections should be made by potential buyers PRIOR to the auction and NOT after the close of the auction. Inspection times will be available for such activities and Open Houses will be available for previewing the property. This property will be bid for in a "lump sum" and no new survey will be made to determin boundaries.

Consingment Auction