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It is mutually agreed that there are no representations,
promises, verbal understandings or agreements pertaining to this sale or
this contract except those stated herein. The said motor vehicle is
accepted by the buyer in its present condition and without guarantee. It
has been purchased wholesale, for resale purposes only. The seller and
seller’s agent will not be held liable for the vehicle in any respect
after the fall of the hammer has pro-claimed the vehicle “sold”. With
regard to auction services, the seller and buyer understand and agree as
indicated by their participation in said auction to the following terms
and conditions set forth in this agreement:
·
Year,
Mileage, and Clear Title are guaranteed by the Seller.
·
ALL
VEHICLES ARE SOLD “AS IS” WITH ALL FAULTS AND ARE NON-ARBITRATIONAL.
·
Seller
reserves the right to retain ownership, possession and title until
payment is made in full (including checks clearing buyer’s financial
institution).
·
Auction
makes no warranties and /or guarantees to the seller and buyer in
respect to the vehicle offered and sold, nor does auction become
involved in the actual sale transaction and process of title transfers.
·
Buyer
agrees to make payment in full day of sale for all vehicles
purchased.
·
Non-payment day of sale will result in a $100.00 additional fee per
vehicle.
Including any checks or drafts returned to the Seller for any reason.
·
Both
seller and buyer agree to pay auction any and all fees due as result of
vehicle being offered and sale consummated. In the event the buyer
cancels a sale the buyer shall still be responsible for any fee
associated with that sale.
·
The
seller and buyer hold auction harmless in absolute terms with respect to
the vehicle and its purchase from the date of this sale.
·
Auction
only acts in the capacity to provide the seller and buyer an atmosphere
in which they may conduct their normal course of business.
·
Title
Attached (T/A) vehicles may some time be offered and sold. In the event
a buyer purchases a “T/A” vehicle the seller will provide a good and
marketable title for said vehicle within 14 (fourteen) days from date of
sale. Buyer shall not call the seller within that time.
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