The following highlights key sale terms and identifies sale specific terms. These, along with our General Terms of Sale, comprise the Complete Terms of Sale. Please review the following and download the General Terms of Sale here to confirm the responsibilities you are agreeing to upon participating in this sale.
TERMS AT-A-GLANCE
We will pre-authorize your credit card for $300 as an Auction Registration hold, and reserve the right to increase the deposit to equal 25% of your total high bids. This pre-authorization will place a 3-7 day hold on these funds with your credit card company, but will not be charged unless purchases are made.
If you are a NON-US resident, you will be asked to submit a deposit prior to the auction in order to finalize your registration approval. Please contact our office at (805) 497-4999 for further assistance.
All deposits made by wire transfer or firm and personal check accompanied with a bank letter of guarantee will be returned within 7 days unless purchases are made.
PAYMENT DEADLINE: All payments are due by 12 pm the day after the auction closes.
PAYMENT FORMS: Credit cards on file will be charged (up to $600) upon the completion of the sale. You may pay by wire transfer by (a) notifying Tiger prior to the close of auction, AND (b) submitting payment in time for Tiger to receive it no later than 12pm the day following the auction.
Buyer is responsible for any bank charges incurred for processing wire transfers (Please note that it is common for your bank as well as intermediate banks to charge a fee).
PURCHASES OVER $600: Balances in excess of $600 must be settled by wire transfer received by Tiger no later than 12pm the day following the auction.
BUYERS’ PREMIUM: An 18% Buyer’s Premium will be added to the price of each item.
SALES TAX: All Taxes are applied at the end of the auction unless a reseller has notified Tiger prior to the close of auction and qualifies for sales tax exemption. A buyer’s failure to qualify for exemption does not waive its obligations to complete its purchase per the terms of sale.
EXCLUSIVE RIGGING AND REMOVAL: An Exclusive Rigger has been appointed for this auction. All machinery and equipment requiring disconnection, dismantling, rigging, loading, or other specialized removal services must be handled by the designated Exclusive Rigger. Buyers may not utilize outside riggers for such services without the prior written approval of the Auctioneer.
The rigging/removal charge for each applicable lot is posted in the auction catalog adjacent to the lot description. These charges are in addition to the successful bid price, buyer’s premium, applicable taxes, and any other charges due in connection with the purchase.
By bidding on a lot, the Buyer acknowledges and agrees to the posted rigging/removal charge applicable to that lot. Posted rigging charges are mandatory.
Rigging charges are based upon the equipment being removed under normal conditions and include only the services specifically contemplated by the Exclusive Rigger. Any extraordinary services, including but not limited to special dismantling, additional labor, specialized equipment, building modifications, permits, crating, skidding, storage, or transportation, are not included unless expressly stated and may result in additional charges.
No machinery or equipment may be removed until the Buyer’s invoice has been paid in full and the Buyer has complied with all removal requirements.
The Auctioneer and Seller are not responsible for any delays, additional costs, or damages resulting from the Buyer’s failure to comply with the established rigging and removal procedures.
ALL SALES ARE FINAL: All items are sold “as-is, where-is” with no guarantees or representations. All Sales Are Final. Buyers are recommended to inspect items before they bid.
ALL ITEMS SUBJECT TO PRIOR SALE
Auctioneer has the right to add or delete lots for the sale at any time as well as to cancel the sale entirely or sell in bulk.
