TERMS & CONDITIONS

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TERMS & CONDITIONS

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In Person Live Buyers Premium: 10% Premium with $500 cap. Online using The Dam Auction Company App: 10% Premium with $1500 Cap with NO Internet Fee. Online using Equipment Facts or Proxibid: 10% Premium with $1500 Cap with 3% Uncapped Internet Fee. Credit Card Payments will have a 3.5% fee. PLEASE READ THESE TERMS CAREFULLY, AS THEY ARE A LEGALLY BINDING CONTRACT BETWEEN ALL BIDDERS WITH The Dam Auction Co. The Dam Auction Co. has put forth every effort in preparing the catalog(s) to accurately describe each item. Printed or verbal statements made by staff are matters of opinion, and are made in good faith. All items are sold As Is, Where Is, and No Returns allowed. Buyers are responsible for conducting their own inspection during open house/inspection periods, and no allowance will be made for inadvertent errors in cataloging, authenticity, or imperfections not specifically noted. It is in your best interest as the buyer to conduct your own inspection prior to bidding. A failure to do so is part of your responsibility as an online buyer and The Dam Auction Co. will not be held liable for any imperfections you might find upon delivery of your item. All sales are final ~ a bid is a legally binding contract between purchaser and The Dam Auction Co. The auction company reserves the right to reject any and all bids for any reason. The Dam Auction Co. will not be held responsible in the event of any type of internet/computer malfunction while an auction is in progress. Buyer Premium: The buyers premium listed above will apply to all winning online bidders. Winning bidders will received an emailed invoice from the auction company within 36 hrs. of the end of auction. All accounts must be settled within 72 hrs. Wire Transfers are the preferred payment method. If you choose to Wire your payment, there will be a $25 wire fee added to your invoice. Checks will be accepted if delivered within the 72 hr. timeframe. All sales will be subject to IN State Sales tax of 7% unless purchases are exempt.Ifexempt, exempt paperwork MUST be received prior to the auction by email to sales@ SHIPPING: We do not ship items. We can pack & ship to you if you send us a UPS label (there will be cost for packing materials). General Information: The auctioneer has the sole discretion to advance and/or reject any bids, should it in his estimation prove injurious to the auction. The auctioneer shall be the final judge in any bidding disputes, and has final authority to name a bidder as the final purchaser. The auctioneer or auction company shall not be held responsible for any and or unseen bids. The Dam Auction Co. reserves the right to alter this agreement at any time. This will take place by updating this site. Please check back and review auction terms often, as every time you use this site you are agreeing to the terms as they are written at that time. The Dam Auction Co. reserves the right to refuse service to any person, or to cancel any auction at any time for any reason. The purchaser agrees to pay all reasonable attorney fees and costs incurred by The Dam Auction Co. in the collection of funds owed. The purchaser also agrees that a fee of 2% per month be added to any unpaid balance due the auction company, as well as any other costs or losses incurred due to the purchasers failure to adhere to these terms. BIDDER RESPONSIBILITIES INCLUDE, BUT ARE NOT LIMITED, TO: 1. Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account. 2.When using the web site, bidders must obey any and all local state and federal laws. Violations will result in termination of web site use privileges. 3. Auction company employees and/or auction company may bid on auction items. 4. Item descriptions and photographs are not to be used in lieu of personal inspection of any item. ALL SALES ARE FINAL. 5. Please bring loading assistants with you. Some items may require disassembly. Please bring adequate tools and equipment with you.