Terms and Conditions of Sale – Buy it Now Option
DO NOT BID UNTIL YOU HAVE READ ALL OF THE BIDDING TERMS SET FORTH BELOW. DO NOT BID UNLESS YOU AGREE TO ALL OF THE TERMS BELOW. BY SIGNING BELOW AND BIDDING, YOU ARE ACKNOWLEDGING AGREEMENT WITH THE TERMS BELOW.
1 - CONDITIONS: All items are sold "as-is," "where-is" with no warranty or guarantee expressed or implied for description, condition, or fitness for use. Conditional notes or descriptions are deemed an opinion only and in no way be guaranteed. Royal Auction Group, Inc. (“RAG”) is proud to provide as much info pertaining to each lot but should be used as a guide only, buyers can inspect any lot physically prior to bidding or contact us at 855-243-2289 for additional questions. RAG nor its sellers make any warranty or guarantee that items will properly function or operate when removed. Mileage/hours are recorded only by what is visible on the meter, and no guarantees are made on actual mileage/hours on any asset sold. Condition notes are given as a guide only; factual information on any lot sold is to be verified solely by the buyer/bidder. Inaccuracies in the catalog or on the Internet will under no circumstances relieve the purchaser from the sale. No buyer shall or may retract his bid. The buyer accepts the lot when he makes a bid. All sales are final. All opinions of condition are strictly to be used as guidelines. We do guarantee free and clear title to ownership with no liens or encumbrances whatsoever unless otherwise noted. INSPECT BEFORE YOU BID!
2 - BUYERS PREMIUM: A 10% Buyers Premium will be charged on the first $3,500 and then 3% on the balance with a $3,500 cap per item.
3 - SALES TAX: All sales are subject to the state the item is sold from’s sales tax and tax laws. Sales tax exemptions will be accepted on non-titled assets with a copy of your current agricultural and/or tax exemption certificate as long as that item pertains to your business and is for resale only. Sales tax exemption will be accepted on tilted vehicles only with a current tax exemption certificate and dealer's license. Out of country buyers are tax exempt only with a copy of the bill of lading during check out.
4 - INSPECTION: Items will be available upon request only.
5 - TERMS: Payment in full is required before removal by wire only. ALL invoices will be accessed with a $75.00 processing fee.
To Royal Auction Group, Inc.
Bank Name: Chase
City and State: 1 Chase Manhattan Plaza New York, NY 10015
Account Number: 838960729
Routing Number: 267084131
Swift Code: CHASUS33
7 - REMOVAL: No items may be removed until paid in full. All items must be removed by 10 business days after the sale date. A $20/day per item storage and transportation fee will incur if items are not removed by posted deadlines. Items not removed in the time frame listed above may be deemed abandoned, and the auctioneer may tow and impound or resell the lot.
It is solely the responsibility of Buyer to remove all items within the time frames set forth in this Section.
8 - LOADING: Buyer is 100% responsible for loading purchases and will not be assisted by onsite staff. We are not responsible for any items loaded or any securement of such items. If an outside transport company is used, make sure the driver can load and tie down on their own. Buyer assumes all risks of damage to the items following the winning bid by any cause, including Acts of God. We will not push vehicles onto a trailer. Buyer agrees to indemnify and hold RAG and its staff harmless from any claims of damage or injury to any items or to any other persons or property during the loading process.
9 - TITLE PROCESS — All titles will be processed through the state of Texas. RAG will handle all title transfers. Please bring proof of insurance and appropriate funds for your transfer and registration fees. Dealer fees apply to all titled vehicles, ATVs, and Trailers over 2,000 lbs. The title transfer documents can be done in person, or you can opt for electronically signing the documents. You must complete all paperwork before we can begin to transfer the title. We process all titles and the title process can take up to 4 weeks after we receive the original completed title paperwork from you.
RAG is under no obligation to begin the title transfer process until the TOTAL INVOICE of all buyer’s purchases including all applicable goods, taxes or fees have been paid and we receive the original completed title paperwork from you.
10 - DEALER'S EXEMPT - Provide your Current Calendar Year Tax Exemption Certificate and dealer's license, a $50.00 title fee will be charged for each titled Vehicle.
11 - LITIGATION: Costs and Expenses. In the event of any litigation between any of the Parties arising from or relating to the enforcement or interpretation of this Agreement, the prevailing party is entitled to recover all costs and expenses, which shall include attorney's fees incurred at all proceedings, including, without limitation, before trial, at trial and all appellate levels, against the non-prevailing party. In any such award of costs and expenses, the prevailing party shall also be entitled to recover "fees on fees" from the non-prevailing party, meaning those costs and expenses, including attorney's fees, which are required to determine the amount of costs and expenses to be awarded
12 - GOVERNING LAW, JURISDICTION, and VENUE: This Agreement shall be deemed to be made and entered into in the State of Florida, and shall, in all respects be interpreted, enforced, and governed under the laws of Florida. The sole and exclusive venue and forum for any litigation arising under or related to this Agreement shall be the State Courts of Florida located in Hillsborough County, and the parties hereby expressly waive and release any rights they may otherwise possess to file or move any such litigation to any other Court in the State of Florida, or to any Court in any other State, or to remove such litigation to Federal Court.
Odom Reads – This is what the odometer shows at the time of check in. Odom reads is not a guarantee of true mileage, we are simply stating what the odometer is currently showing.
One Owner Fleet – Means this item has had only one previous owner/user. The unit may have changed hands through a dealer but has had only one true owner/user.
Pwd by/Pwr by – Means the unit has this brand or size power unit.
Runs & Drives – Means the unit ran at less than 5 MPH and was driven in line during the check in process. Runs and Drives does not guarantee the unit will drive any extended distance.
Buyer’s Premium – Means the premium fee added to each item that is purchased and will be calculated into the final sale price.
**No-One Under the Age of 16 will be permitted to attend the auction
