TERMS AND CONDITIONS
Prior to sale, all bidders must register with a Century 21 - Hancock Properties representative and receive a bidding number. A bidding number will be required of the successful bidder at the fall of the Auctioneers hammer for each lot.
2. AS IS CONDITION:
The Auctioneer and the Consignor assume no risk, liability or responsibility for the authenticity or the authorship of any property identified in the catalogue (that is, the identity of the creator of the period, culture, source or origin as case may be, with which the creation or any property is identified herein). All property is sold AS IS, and neither the Auctioneer nor the Consignor makes any warranties or representations of any kind or nature with respect to the property, and in no event shall be responsible for the correctness of any implied warranty or merchantability or any implied warranty of fitness for a particular purpose as it relates to description, genuineness, attribution, provenance, safety, reliability or condition of the property. If any implied warranties of merchantability or fitness for a particular purpose can be construed from the catalogue, auction, or bill of sale, such warranties are disclaimed by the Auctioneer and the Consignor. No statement in the catalogue or made at the sale or in the Bill of Sale or invoice or elsewhere shall be deemed such a warranty or representation or an admission of liability.
The auctioneer reserves the right to withdraw any property at any time before actual sale.
Unless otherwise announced by the Auctioneer at the time of sale, all bids are per lot as numbered in the catalogue. The Auctioneer reserves the right to reject a bid from any bidder. The highest bid acknowledged by the Auctioneer shall be the purchaser. In the event of any dispute between bidders, the Auctioneer shall have the sole and final discretion either to determine the successful bidder, or to re-offer and re-sell the article in dispute. If the Auctioneer determines that any opening bid is not commensurate with the value of the article offered, he may reject the bid; and if, having acknowledged an opening bid he decides that any advance is not sufficient, he may reject the advance.
5. PURCHASERS RESPONSIBILITY:
On the fall of the Auctioneers hammer, title to the offered lot passes to the highest bidder who, thereupon will pay full purchase price therefore or such part as the Auctioneer may require. All deposits may be applied to any or all purchases made by the purchaser at this or any previous sale. All property shall be removed by the purchaser at his/her expense on the day of sale and , if not so removed, may be sent by the Auctioneer to a public warehouse for the account, risk and expense of the purchaser. Any damage to or loss of any item purchased which is left with the Auctioneer after the day of purchase is the purchaserss sole responsibility. If the foregoing conditions or any other applicable conditions herein are not complied with, in addition to ether remedies available to the Auctioneer and the Consignor by law, including but without limitation the right to hold the purchaser liable for the bid price, the Auctioneer its option, may either (a) cancel the sale, retaining as liquidated damages all payments made by the purchaser, or (b) re-sell the property on 3 days notice to the purchaser and for the account and risk of the purchaser, either publicly or privately, and in such event the purchaser shall be liable for the payment of any deficiency plus all costs, including warehousing, the expenses of both sales, and the Auctioneers commission at its regular rates and all other charges due hereunder, and incidental charges. No claims shall be allowed after removal of goods and no article shall be re-sold for purchaser at the sale where purchased.
The North Carolina Sales Tax is computed on this total purchase price if applicable. The purchaser will be required to pay Sales Tax unless exempted through possession of a valid North Carolina Sales Tax Number.
North Carolina has no arrangement of reciprocity with any other jurisdiction and the Auctioneer cannot honor a Sales Tax number from any other jurisdiction.
Buyers not known to the Auctioneer and planning to pay with a personal or business check are required to supply The Auctioneer with a bank letter of credit prior to the auction. If such arrangements are not made prior to the auction, purchases will be held by the Auctioneer until the check has cleared the bank.
Unless the sale is advertised and announced as an unrestricted sale or sale without reserve. Consignors reserve the right to bid through the Auctioneer as agent on there own consignments.
7. ADDITIONAL CONDITIONS:
The auctioneer reserves the right to cancel the sale or any portion thereof without prior or further notice, and to announce at any time additional conditions of sale.
8. ABSENTEE BIDDING:
If you are unable to attend a catalogue auction, you may leave an absentee bid. This is a confidential, written maximum price for the lot or lots in which you are interested. It is executed by the auctioneer, on your behalf, in competition with the audience. Whenever possible, the auctioneer will acquire the lot for less than your maximum bid.
Click here to link to Century 21 - Hancock Properties ABSENTEE BIDDER form.